ASHOK LEYLAND ---CUP & HANDLE BREAKOUT

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

Comment:

ASHOK LEYLAND 1ST TARGET 140 HIT ---1.15 PM -- 23/05/2022

Trade active