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ASHOK LEYLAND LTD
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Ashok Leyland possible 10% upside

Por ashishhc
Actualizado
Ashok Leyland has formed inverted head & shoulder pattern. 10% upside is possible if breaks above trendline.
Operación activa
Approaching well
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Good 4-5% move today.
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Good 1.4% move today. 181.5 now
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should sustain above 176 today and then it will be ready for next move.
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Absorbed all the selling pressure and sustaining on the levels. Keep holding.
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Nice mini head & shoulder pattern formed in 5mnt TF. It is ready to blast soon.....
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bit dull these days but might take the momentum soon.
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Move has started today.
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nearly there to the target.
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Brekout has already done. now scenario is bit changed Now target can be nearly double.

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on track. blast. Move trailing SL to 177

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Bang on the target.

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Operación activa
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Trail SL to 200-205. Wait for the target 218

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This post moved here. Please follow. Because this is bit old post. i posted new one with fresh analysis.

Ashok leyland long time cup & handle Bullrun
Head and Shoulders
ashishhc

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