JSW STEEL

10 ott 2016

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.