NeeteshJain
Short

Jain Irrigation - Wave 5 completed, Now in Corrective Phase

BSE:JISLJALEQS   JAIN IRRIGATION SYSTEMS LTD
As per the price action, it seems like 5 impulse waves are completed within the up-trend channel and now it will move further in corrective phase where 3 waves will continue rallying downward against the trend. The three corrective waves would name A B C. I have marked only Wave A in the above chart.
Trade active: Observed a Doji candlestick that indicates indecision. We might see a short selling soon.
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