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RUPL - Hourly Analysis - 10-01-2025

  • Sarfaraz Ahmad

Primary Structure: Potential Bullish Impulsive.

Primary Trend: Bullish

Current Wave Structure: Potential Flat

Expectations: The black wave "c"  of the triangle looks completed. We have witnessed an ending diagonal in the last wave of the red wave "(5)".  The rise from the low can be counted in five waves as black wave "1". As per the rules, a pullback minimum of three waves may be expected in wave "2" which can test the golden ratio.

Recommendations: Wait for the pullback.

Previously :