Lemon Tree hotel: , breakout awaited for 3rd wave rallyAnalysis:
- Wave Structure:
- From March 2020 low of ₹16, the stock has completed a 5-wave Elliott Wave pattern, peaking at ₹158 (all-time high).
- Currently in an ABC correction, likely the second corrective wave of the primary wave cycle.
- Breakout Confirmation:
- A price breakout above