Ashok Leyland - Possible Short

Ashok Leyland

RSI - Negative Divergence
Candlestick - Very close to morning star
MA - Daily candle closing below 10 DMA
Trendline - Price rejection from trendline support

Could possibly go down till 155/150
Trade active
Trade active: CMP 158 from 160.
Comment: Closed at 155. T1- Achieved
Comment: Both Targets. Reached.
Trade closed: target reached


Hi, Can you give me the target I bought June features @165. Should I hold or exit?
nisarnadaf dpk.saralaya
@dpk.saralaya, Hey brother..I am no expert, But I think if it breaks 152-150, It would be difficult for it to cross 165 in coming days. Wait for few days more. Just my opinion. Please Trade @ your own risk

Also, please consider hedging your position while buying future lot.

best of luck :) Let me know how it goes.

dpk.saralaya nisarnadaf
@nisarnadaf, Can suggest me next target?
nisarnadaf dpk.saralaya
@dpk.saralaya, Will have to wait for tomorrow's candle. Trade is over as per me here. Thanks :)
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