Grasim Update

A couple of people have questioned the wave 3 aspect of this chart. If wave 3 is short then wave 5 has to be shorter to ensure that 3 is not the shortest. These measurements are in % terms. The alternate is that if wave 3 is short mark it as wave 1 of 3 only and expect extentions. This is done in today's chart. Here 3=1 is at 790 as per the earlier wave structure. but if the below is true we are in III of 3 which can go on till 892 based on III=I