pasantechnicals
Long

Ashok Leyland- Strong Breakout (Multiple Parameters)

NSE:ASHOKLEY   ASHOK LEYLAND
Ashok Leyland breaks out of the falling wedge .
Post the breakout stock comes back to retrace
at the support line.
Later also forms a triangle pattern and breaks out
of the triangle.
It also forms a Cup & Handle pattern and also gives
a breakout from the pattern.
Stock takes resistance from Ichimoku Cloud ,
takes support and then breaks out.

Multiple indications, suggests that stock looks positive.

P.S.- NOT a SEBI Registered Financial advisor, please consult your advisory before taking any trades
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