NCL - Hourly Analysis - 20-12-2024
Primary Structure: Bullish Impulse 
Primary Trend: Bullish
Current Wave Structure: Potential Leading Diagonal.
Expectations: The rise from the low is expected to unfold five overlapping waves as a leading diagonal. The recent drop hits our moved stops. Weakness in the price is required to conclude blue wave "iv". We will be looking for long opportunities after the completion of the structure.
NOTE: Made profit of Rs. 10 i.e. 41.5%.
Since our targets have been met, we are removing this stock from Hot Picks.
: Move the stops to 34.
2: Hold the longs.
1: Long position may be considered from around 24 with stops below 19.5. Keep the targets open for now.
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