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ASHOK LEYLAND REVIEW FOR THURSDAY

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NSE:ASHOKLEY   ASHOK LEYLAND
CURRENTLY CONSOLIDATING IN RECTANGLE ONCE THIS SI BREACHED UP OR DOWN GO LONG OR SHORT TARGETS MARKED BUT WILL IT GO UP?
THERE IS DECLINE IN SALES ACCORDING TO RESULTS TODAY IT MAY OPEN GAP OR DOWN TOMORROW THEN IF IT DOES IT MAY BE RISKY TRADE SAFEST AREA TO SELL IS UPPER LINE NEAR 84 GOODLUCK
EVERYTHING ON CANDLE CLOSING BASIS
TRADE AT YOUR OWN RISK
IMPORTANT NOTE: SUPPOSE ONCE A CANDLE BREACHES A TRENDLINE ON CLOSE BASE LET ANOTHER FORMED NEXT CANDLE TO TAKE OUT HIGH/LOW OF 1ST THEN IT WILL BE VALID BREACH ELSE IT MIGHT BE BULL OR BEAR TRAP
Comment: opened at my first target :)

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