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Darvas Box + Multiyear Resistance + EMA
ASHOK LEYLAND LTD
Long
Darvas Box + Multiyear Resistance + EMA
By Indieconomic
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Oct 10, 2021
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Oct 10, 2021
Idea :
The chart is self explanatory but broadly based on idea of
"Darvas Box consolidation (+) multiyear resistance level"
Analysis :
Support at EMA 21 , RSI breakout , Darvas Box Consolidation, Cup & Handle and favourable risk & reward
Advice :
Wait for volume surge and go long at breakout level with stop loss [Avoid Short Trade]
Beyond Technical Analysis
Moving Averages
Support and Resistance
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Indieconomic
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Ashok Leyland
by Indieconomic
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