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TELE - Intraday Analysis - 03-10-2025

  • Sarfaraz Ahmad

Primary Structure: Potential Bullish Flat

Primary Trend:  Bullish

Current Wave Structure:  Potential Pullback in the Blue Wave "b". 

Expectations: The structure in wave "(X)" looks complete. The rise from the low can be interpreted as a flat in the blue wave "a".  We need a pullback of a minimum of three waves in the blue wave "b" that can test 8. So, weakness in the price is expected after a small consolidation in the red wave "(b)". 

Past Trade: We have made a gain of 37.27%.

Recommendations:  4: Target met.
3: Sell at 9.5. 
2: Hold the longs.
1: Longs may be considered from 6.92 with stops below 5 for a target of 11.7.

Previously :

Previously :