TSPL - Weekly Analysis - 25-01-2025

Sarfaraz Ahmad
Jan 25, 2025

Primary Structure: Bullish Double Three

Primary Trend: Bearish

Current Wave structure: Bearish Zigzag

Expectations: The rise from the low of the red wave "(x)" can be assumed as the first leg of the bullish zigzag. Therefore more gains are expected after completing the pullback in black wave "b". This pullback may approach the 78.6% Fibonacci retracement level.

Previously :