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NRL - Intraday Analysis - 21-02-2026

  • Sarfaraz Ahmad

Primary Structure:  Potential Bullish Impulsive.

Primary Trend:  Bullish

Current Wave Structure:  Potential Pullback. 

Expectations: The blue wave "3" consists of five subwaves with a massive triangle in its red wave "(4)". The decline from the high is sharp, but we can count only three waves in it so far. This makes sense that the consolidation in the blue wave "4" may ended or begun in the case of a prolonged wave "4".
 Our stops are mitigated at 430.

Past Trade: We have secured a gain of 120%.


Recommendations: 6: Moved stops mitigated.
5: Sell at around 460.
4: Move stops to 430.
3: Move stops to 310.
2: Hold the longs.
1: Buy from 220 to 195 with stops below 180. Target will be communicated with time.


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