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RUPL - Intraday Analysis - 05-07-2025

  • Sarfaraz Ahmad

Primary Structure: Potential Bullish Impulsive 

Primary Trend: Bullish

Current Wave Structure: Potential Bullish Impulsive 

Expectations: The structure in blue wave "Y" may be considered completed, as we have witnessed a significant rise in the red wave "(1)". The bullish momentum continued after a minor and simple correction in the red wave "(2)". More aggression in the price is expected as the ideal extension level for the wave "(3)" is yet to be met.

Recommendations:
4: Sell 50% of the holdings at 32.
3: Move stops to 22.
2: Hold the longs.
1: Buy from 17 to 14 with stops below 12. Target will be communicated at the time.
Previously :

Previously :