KingJB76

Ashok Leyland : Long above 80.65

Long
NSE:ASHOKLEY   ASHOK LEYLAND
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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