ASHOK LEYLAND LTD
Long
Updated

Ashok Leyland : Long above 80.65

Overall, in a descending wedge and in that, there is a rectangular channel working along.
If it breaks 80.65 and sustains, we can see 82.4 as first target.
Trade active
Broke above 80.65 and made high of 81.5 intraday. Closed at 80.95.
Trade active
Still trading up and closed at 81.85 today. Well on its way to test the pink resistance line. If it breaks out above it, then it will go toward the RED resistance line. Else it will fall back to test first RED support line.
Trade active
Exactly at resistance now 83.25, lets see if it breaks. If it does, then 86 is next target. If not, falls back to 80.

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