JSW STEEL LTD

JSWSTEEL - Elliott wave analysis - 4th and 5th wave trade set up

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Jswsteel is extending the 5th subwave within 3rd of 5th wave up. One more move up will create second divergence, which will probably end the cycle. It is good sell set up for 4th wave down. Once the 4th wave will finish near 345, it will be good long trade for 5th wave up.

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