Replies to post #44819 on Short Term Trading Member Forum

[NASARAVI]

Bliss;

I was talking about the III-1-4 move down which I am guessing is the same as III-1-1 to III-1-2 which was a corrective wave.

You are right...there should be two waves a 3-4 down and then once we finish the 4-5 up (finishing III-1-5 up, there should be a III-2-5 down to the sam elevel as previous 4).

Bottomline....correct me if I misinterpreted you please....

We have finished this 4 down and will go up into 1250 area in the next week to 10 days before we correct into III-1-4 to III-1-5 down.

Is that correct?

TIA.