JSW Steel Analysis

JSW Steel Analysis. As on 13 May 2020. CMP 183 Bearish. Larger structure, due to lack of data, we have assumed wave 3 ended at year 2007 high of 138. Price is likely completing a wave iv correction and should head lower to below 132 to complete wave v and thereby complete an initial 5 […]

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JSW Steel Analysis

JSW Steel Elliott Wave Analysis. As on 20 April 2020. CMP 169 Larger structure, due to lack of data, we have assumed wave 3 ended at year 2007 high of 138. Price is likely completing a wave iv correction and should head lower to below 132 to complete wave v and thereby complete an initial […]

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JSW Steel Analysis

JSW Steel Analysis. As on 26 March 2020. CMP 151 The larger primary degree wave 5 top is in place at Aug 2018 high of 427. Due to lack of data, we have assumed wave 3 ended at year 2007 high of 138. If wave C = Wave A, price appears headed lower to the […]

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JSW Steel Analysis

JSW Steel Elliott Wave Analysis. As on 4 Feb 2020. CMP 256 We have nailed this count since 12 Oct when price was at 217. 12 Oct “Hypothesis is a bearish triangle is in play.  A rally to the 270 – 280 level in wave c should follow.” 17 Jan “Under this count, price should […]

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JSW Steel Analysis

JSW Steel Elliott Wave Analysis. As on 17 Jan 2020. CMP 275 No change from post of 2 months ago, of 12 Oct when price was 217.  “Hypothesis is a bearish triangle is in play.  A rally to the 270 – 280 level in wave c should follow.” Price so far has pretty much followed script.  […]

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JSW Steel Elliott Wave Analysis

JSW Steel Elliott Wave Analysis. As on 30 Dec 2019. CMP 267 No change from post of 2 months ago, of 12 Oct when price was 217.  Price so far has pretty much followed script.  Under this count, price should soon commence a decline in wave D to below 230. Quote Hypothesis is a bearish triangle […]

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JSW Steel Elliott Wave Analysis

JSW Steel Elliott Wave Analysis. As on 9 Dec 2019. CMP 256 No change from post of 2 months ago, of 12 Oct when price was 217.  Price so far has pretty much followed script. Quote Hypothesis is a bearish triangle is in play.  A rally to the 270 – 280 level in wave c […]

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JSW Steel Elliott Wave Analysis

JSW Steel Elliott Wave Analysis. As on 18 Nov 2019. CMP 249 No change from previous to last post of 12 Oct when price was 217. Quote Hypothesis is a bearish triangle is in play.  A rally to the 270 – 280 level in wave c should follow. Unquote

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