There is a saying in a market:
Trust the price action and ignore your feelings.
Here's what the price action told me about Tech Mahindra on Feb 22 2016
Now - more than 3 months later: This is what Tech Mahindra stock has done
Lesson we can learn
When stocks form a particular pattern based on Science of stock price action, then one should trust the pattern and the results that can follow, unless the price action proves otherwise.
Disclaimer – The state of the market notes is Deepak’s perspective on the market. The column is purely for educational purpose. Nothing contained herein is a solicitation to trade or a recommendation of a specific trade. By reading this publication you agree to make no trade relying in whole or in part on the comments of the writers