MUGHAL - Intraday Analysis - 12-12-2025
Primary Structure: Potential Pullback
Primary Trend: Bearish
Current Wave Structure: Potential Bearish Impulsive.
Expectations: The rise from the low is slow and can be expected to unfold in five overlapping waves as a leading diagonal. We can count three waves in the blue wave "iv". A rally is expected to print a new intraday high.Past Trade: We have made a 48.5% gain.Recommendations: 4: Target met.
3: Sell at 95.
2: Hold the longs.
1: Buy from 68 to 64 with stops below 52. The target will be communicated at a later time.
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