Sks micro has been in news recently for all the wrong
reasons. The stock has even
reacted to the couple of bad news that was showered
upon it. Taking clues from the Elliot waves it seems that the worst is not yet
over for the stock. The prices are in the 3rd wave of a larger c
wave. The brevity of the b wave further haunts the future of the stock. The
current slide should continue. The stock might seek some respite near 320
levels. Exit the stock on any bounce back.
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