OGDC - Intraday Analysis - 21-10-2023

Sarfaraz Ahmad
Oct 21, 2023

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 minor pullback.

Recommendation: Stay Aside.

Previously :

Previously :

OGDC - Intraday Analysis - 21-10-2023

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