POML - Hourly Analysis - 14-06-2025
Primary Structure: Bullish Impulsive
Primary Trend: Bullish
Current Wave Structure: Potential Bullish Impulsive.
Expectations: The rise from the low of the black wave "2" has unfolded in five bullish waves. This may be considered as part of the third impulsive wave, which has successfully tested the desired extension level. More aggression in the price may be witnessed in the current consolidation in the black wave "4".Past Trade: Made a profit of Rs 198, i.e., around 150% gain.
Recommendations: 4: Target Met.
3: Move stops to 250 and sell all the holdings at 320.
3: Move stops to 120.
2: Hold the longs.
1: Longs from the current level, i.e., 128, may be considered with stops below 110. Targets will be communicated with time.
Previously :
Previously :
