Refer to my previous Monthly analysis on January, 2016, We slightly changed in our short term view. red wave 5 of green wave iii of blue wave 1 has not been finished yet and we expect one more upside rally to finish red wave 5.
Once this red wave 5 finished we will see correction in green wave iv towards 40-41 area where we expect that this share placed long term bottom before uptrend will resume towards 100 or even above. We saw first correction in green wave ii is simple so we can expect complex correction in green wave iv.
muhiuddin
Once this red wave 5 finished we will see correction in green wave iv towards 40-41 area where we expect that this share placed long term bottom before uptrend will resume towards 100 or even above. We saw first correction in green wave ii is simple so we can expect complex correction in green wave iv.
muhiuddin