Ashok Leyland: Potential Buying Opportunity

The recent fall in the stock has been arrested at the key support level in the daily time frame. In the hourly chart presented here, price is on the verge of completing a "Change-in-Behavior". This happens when the price takes out a prior swing high in a downtrend, or vice-versa.

Watch this stock. If I see a strong reversal off the green-support lines, I would be keen to consider long-positions.


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