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SAZEW - Hourly Analysis - 09-01-2026

  • Sarfaraz Ahmad

Primary Structure: Bullish Impulsive

Primary Trend: Bullish

Current Wave Structure: Potential Bullish Impulsive.  

Expectations: The rise from the low of the triangle is very aggressive and is expected to unfold in five waves. The ideal Fib extension levels are met. The pullback in the black wave "IV" appeared as a double three correction. The rise from its low is aggressive and printed a new high. Sooner or later, the entire bullish cycle may end, and a strong bearish move may begin.

Past Trade:
 Our target has been achieved. We have made a gain of 43.5% i.e, Rs 500.

Recommendations: Profit-taking is recommended.


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