It looks like the correction Phase is complete at wave (c).
focus on key levels will be beneficial. we are going to ride on wave 3.
wave 4 can't exceed the starting point of wave 1.
There is invalidation below 2044.
I will upload Lower Timeframe analysis.
NSE:JUBLINDS faces resistance at levels of Rs410-420. May not break it through in first attempt.
Highly probable will take a beating at Rs418 level and take support on the lower box area before trying the new highs again.
5th wave of (5) is not Verified But sellers are Active.
The strong resistance possessed 370 nearby which can lead the price for Target 330/297 That is determined by lower Band of the Parallel channel.
Check JSWSteel Bigger Picture EW analysis :
Upcoming wave is impulsive wave and target is 577 nearby after up breakout.
Let's check Breakout more closer look.
While breakout the price Congestion, volume should more than 2x from average volume.
The bhartiartl in slow direction moving towards down however if it breaks the 549 there can be a...