Short
MINDTREE... More correction awaits
Updated
The share price seems to follow Elliot 5 waves pattern in the correction.
Wave 4 is in the process and I'm expecting a triangle kind of pattern in wave 4. After completion of wave 4, we can expect wave 5 to drag the share price to 3300 to 3000 levels.
One can wait for the share price to fall to such levels before investing in Mindtree.
Wave 4 is in the process and I'm expecting a triangle kind of pattern in wave 4. After completion of wave 4, we can expect wave 5 to drag the share price to 3300 to 3000 levels.
One can wait for the share price to fall to such levels before investing in Mindtree.
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So far so good. Expecting a fall!
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