TradingView
vinodsinghfcca
Oct 10, 2016 6:05 AM

JSW STEEL Long

JSW STEEL LTDNSE

Description

Well, according to my probable Elliott wave count and opinion it seems like some more up trend in JSW STEEL. We have finished micro wave 3 and 4 (wave 4 is 23.6 of wave 3). Now we are currently moving towards the final micro wave 5. But one need to be careful as we might not have finished wave 4 correction. Further wave 1 was a flat correction so with alteration wave 4 was a zigzag. Now the internal wave counts are also done just zoom it to see. So one could buy this stock after a retracement of the current wave or at the breakout. But still one be careful before trading as your capital will at risk. Any suggestion will be welcome.
More