FORCEMOT : IN : SHORT AND MEDIUM TERM FORECAST : LONG @2700-3000

As per my wave analysis..

Short term : Prices can go up to the Green TL, only to come back down to around 2700-3000 levels.

Medium term : Buy low at around 2700-3000 levels, when we get the reversal signals, target 5400++

Comment:

Good going down, to the first support level red box..

Let's see if it gives a bounce from this box or will go further down!

Wait game..

Comment:

Second leg completed as per my forecast in Jan, 2018.