Novartis Wave Analysis – 25 September 2026

Novartis: ⬆️ Buy

– Novartis reversed from support zone

– Likely to rise to resistance level 147.50

Novartis recently reversed up from the support zone located between the key support level 137.50 (former support from January) and the lower support trendline of the weekly down channel from March.

The upward reversal from this support zone stopped the previous minor corrective wave 2 and started the active short-term impulse wave 3.

Given the strength of the support level 137.50, Novartis can be expected to rise toward the next key resistance level 147.50 – former support from June and the target for the completion of wave 3.