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ASHOK LEYLAND ---CUP & HANDLE BREAKOUT
ASHOK LEYLAND LTD
Long
ASHOK LEYLAND ---CUP & HANDLE BREAKOUT
By champtrade111
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Updated
May 23, 2022
7
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May 21, 2022
ASHOK LEYLAND --DAILY CHART - CUP & HANDLE BREAKOUT
1. Channel breakout & CUP & HANDLE Breakout seen on daily chart
2. Histogram seen bullish
3. RSI near 60 level currently 59 level above 60 will extreme bullish
4. MACD above center and signal line
5. above 20,50.100.200 SMA
BUY ASHOK LEYLAND @ 130
target 140-150 + ( SHORT TERM ) - 1 month
stop loss 115
* THIS IDEA IS FOR EDUCATIONAL PURPOSE ** trade at own risk
** HAPPY TRADING
May 23, 2022
Note
ASHOK LEYLAND 1ST TARGET 140 HIT ---1.15 PM -- 23/05/2022
May 23, 2022
Trade active
ashok
breakout
Chart Patterns
CUP
handle
leyland
Trend Analysis
champtrade111
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