info@marketswaves.com +923455923931

RUPL - Intraday Analysis - 12-07-2025

  • 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)". The red wave "(3)" has tested its ideal Fibonacci extension level. Gains are expected after a small consolidation in the red wave "(4)" which can find support around the 38.2% Fibonacci retracement level that comes right around the middle line of the base channel.

Past Trade:
We have made a gain of  88.5% i.e., Rs. 15.

Recommendations:
5" Target met.
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 :