SNGP - Intraday Analysis - 07-02-2025
Primary Structure: Potential Correction
Primary Trend: Bearish
Current Wave Structure: Potential Bearish Impulsive.
Expectations: The decline from the high of red wave "(1)" is in five overlapping waves as a leading diagonal in blue wave "i". More weakness in the price may be expected after a small pullback in blue wave "ii'.Recommendation: 2: wait for a bearish setup.1: Profit taking from the current levels i.e. 112 is strongly recommended.
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