Virajsemwal

SELL ON RISE

Short
NSE:ASHOKLEY   ASHOK LEYLAND
1
weekly n daily charts of ashok sees huge resistances in the 90-95 band....
its a sell on rise opportunity in the stock !!
i feel the stock would consolidate in the 80-85 band and hence traders should use this opporunity ..

sell the feb 95 CE at present rates to pocket the max part of the premium ...one can sell more if script reaches the higher edge of the red band !
Trade active
Comment: Ashok Leyland can b sold at present rates !
SL 88
Target - open
Trade active
Comment: Though SL hit but I'll keep holding until red band is breached !
Trade active
Comment: Respect for red band still there !
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