EMIL appears set for an upward movement, currently in the 5th wave on the daily timeframe.

On the hourly and 15-minute timeframe, the completion of the 5th wave's 1st wave is evident, now in the 2nd wave and retraced to 0.236. There's a possibility of further decline.

Recommended stoploss is at 191, and accumulation can be considered up to 196.
Wave Analysis

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