Regarding your question, I'm not sure why you want to use a loop for the verification, but if this is the case, then it will be best to use code for that. Existing logical operations are limited to be used for available UI verifications like Exists, Visible, Content, etc. so LOOP method will repeat same steps several times, If..Else can be used, but no point to have 4 nested If..Else steps for such verification. (http://docs.telerik.com/teststudio/features/logical-steps/loop
This verification can be achieved easily without code, without a loop step, by simply recording Text Content verification for the 4 different rows in the table to check if text contains "Blue" as is your case. This will result in 4 steps that are executed against 4 different elements (first column cells of each row) and that is it - you have your verification recorded without code needed.
Please tell me if this was helpful for you,
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