JSW , an opportunity to make some handsome profit with caution

I have not marked all the previous motive waves, however the important part here is not the previous motive waves. we have already completed 5 waves up, which ended at 783.50, we are correction now and we just completed 1st leg of correction, what that means we still have 2 legs of correction to complete, one more up and then down. Currently we are in leg 2, what that means, we have to be little cautious in correction and have to watch revise your stop as needed. For now I am expecting the JSW steel to reach 780-781 rs, however be cautious there are high changes of JSW steel reaching at 762 and then reversing from there for the last leg of correction.

Good Luck!.

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Trade chiuso: obiettivo raggiunto:

Closing this trade. If you want to become independent Trader/Investor and interested in learning Elliottwave, reach out me at 8wavestosuccessattherategmail.com