It has completed a 5 subwaves of the 3rd wave of the 3rd. Logically the prior "iv"th should offer buying support and that is a big range of 577-648. Booking out on bounces and then re-entering during dips below 625 towards 580 is an ideal scenario.
Thursday, October 29, 2009
Jindal Steel & Power(Jindalstel)
Amit Vora asked for Jindal Steel & Power EW:
It has completed a 5 subwaves of the 3rd wave of the 3rd. Logically the prior "iv"th should offer buying support and that is a big range of 577-648. Booking out on bounces and then re-entering during dips below 625 towards 580 is an ideal scenario.
It has completed a 5 subwaves of the 3rd wave of the 3rd. Logically the prior "iv"th should offer buying support and that is a big range of 577-648. Booking out on bounces and then re-entering during dips below 625 towards 580 is an ideal scenario.
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2 comments:
Hi Illango,
I've been following your blog for the past few days and I must say, your analysis is very impressive.
I'm a student of EWT...and your examples are helping me learn real-time.
If it's ok with you...I'm eager to share my wave count on certain stocks with targets. Let me know if you are interested.
I'm online (Google Talk) through the day. Hope to catch you there.
Vijay
wheel2wheel@gmail.com
Hi..George,
Send me the charts with EW labels you are more comfortable with. I will post them here.
I am glad to here that my thoughts have helped you in some way.
Best regards.
ilango
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