EWFcw

JSWSTEEL (NSE) - Elliott wave analysis

Long
NSE:JSWSTEEL   JSW STEEL LTD
Welcome guys,
CycleWave is the top author sharing trade ideas based on EW analysis since last five months on the global stocks, currency pairs, cryptos, future indices and commodities. You can follow us to get more trade ideas/analysis.

JSWSTEEL (NSE) - It is in up trend and might be in impulse too. The current price action is seems either ABC zigzag or impulse 5th of 5th wave up. So buy in pull back around 268-70 zone for higher price above 290-95 or may be even new high. Stay in trend with stops below 257 as stop loss.

Give thumbs up if you really like the trade idea.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.