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AnkitSalgia

Long-term short setup Ashok Leyland

Short
ASHOK LEYLAND (NSE:ASHOKLEY)  
AnkitSalgia Updated   
NSE:ASHOKLEY   ASHOK LEYLAND
Trend Analysis Chart Patterns Technical Indicators ashokleyland short long-term shortsetup ASHOKLEY ashokleylandshort
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trendanalysis chartpattern indicator ashokleyland short long-term shortsetup ashokley ashokleylandshort
As Ashok Leyland has recently broke long term major support of Rs 80/-, the long term downtrend is triggered.
Line is Red is stop loss and black line is targets. Thin black line are intermediate support and thick black lines are major support.
Trading price: 75
Target: 71, 65, 56.5, 47.5 (placed above support line)
Stop Loss: 81.50
Trade active:
Target: 71 achieved. Next 65
Trade active:
Target 65 Achieved.
Comment:
Target3 56.5 is Achieved. I hope you have enjoyed drop 30 Rs profit per share..
its time to book some profit..
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