JSW Steel shorting opportunity (Elliott Wave)

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JSW seems to have completed a complex W-X-Y W.2 formation and has broken below the channel line of the W.Y which presents a low risk shorting opportunity here with small SL above the last swing high near 345.30 and possible targets near 293 or lower level.
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JSWSTEELnifty50shortTrend AnalysisWave Analysis

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