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THALL - Hourly Analysis - 02-02-2026

  • Sarfaraz Ahmad

Primary Structure: Potential Bullish Impulsive. 

Primary Trend: Bullish

Current Wave structure: Potential Pullback

Expectations: The price climbed in five overlapping waves as a leading diagonal in the red wave "(I)". Our desired target is met.  As per the basic rules, a pullback minimum of three waves should be expected in the red wave "(II)" that can test the golden ratio.
Note: The wave degree has changed.

Past Trade: We have made around 25%.


Recommendations: 3: Target met.
2: Hold the longs.
1: Buy from 520 with stops below 500 for a target at around 650.


Previously: