Yesterday,my concluding remark,based upon the pattern being taken by C4 was:
"So tomorrow,going up to 5256 is quite possible before we start downwards as C4.C"
and it showed us 5244*
And the Count thus shown is:
Impulse:5400-4639=761
Corrective ABC as Expanded Flat:
A=4639-5100
B=5100-4531
C=4531--upwards in 5 waves wherein:
C1=4531-4800=269
C2=4800-4588=212
C3=4588-5217=629
C4 in progress again as expanded flat:
C4A=5217-5078=139
C4B=5078-5244*(can do a max of 192=5270)
C4C to follow downwards---
All shorts, therefore should keep a strict Stop Loss at 5271.
Raghu
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