Looks like IT Industry may have completed its 2nd Primary Wave. Coming year will provide clear picture for it further advancement. With AI, Automation, IOT and Digital transformation... future of IT Hold Potential for limitless expansion.
Price action in Emudhra have formed an Harmonic Pattern after Taking support at 0.786 of Primary Wave. Though iys too early to study chart of EMudhra due lack of Chart History, fundamentally it looks sound to believe that stock should either reverse from here or from 250 levels. Stock it already trading at high PE, but high PE can be justified by its past...