manavtechresearch

ASHOK LEYLAND BREAKING OUT OF BULLISH FLAG PATTERN

Long
NSE:ASHOKLEY   ASHOK LEYLAND
-Expect positive breakout in ashok leyland due to position momentum
-one can enter above previous day high
-stop placed below rising 20-ema
-short term traders can exit at 137-140
-positional traders can hold for 143-147-150

ASHOK MAR FUTURES TRADE
BUY@134
STOP@127.5
TARGET-1@137-143(SHORT-TERM)
TARGET-2@147(POSITIONAL)
TARGET-3@150(POSITIONAL)

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