JSW Energy
CMP 327
Well ,little difficult to say as we can’t see a new clear impulse.
But looking at the momentum ,one can follow postion siziing method.
As per these methods, one can start Initial positions at these levels (286 as SL level) and can add on to positions once it crosses the hurdles of 370 and 402.
If it is really wave 3 , then long term targets are well beyond imagination.
Monthly Chart.
Disclaimer : This post is just for learning few methods of price-patterns. Views are personal and are purely based on our limited knowledge of charts. No buy/sell recommendations. These are probability-study methods and chances of success/failure depend upon various factors
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