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OGDC - Intraday Analysis - 16-09-2023

OGDC - Intraday Analysis - 16-09-2023

  • Sarfaraz Ahmad

Primary Structure: Potential bearish Zigzag

Primary Trend: Bearish

Current Wave Structure: Potential bearish Zigzag

Expectations: The decline from the high was very expected and we anticipated unfolding a minimum of three waves. We have completed the first leg of the said bearish structure. More weakness may be expected after a pullback in black wave "B".

Recommendation:  Stay Aside.

Previously :


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