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Indieconomic

Darvas Box + Multiyear Resistance + EMA

Long
ASHOK LEYLAND (NSE:ASHOKLEY)  
Indieconomic  
NSE:ASHOKLEY   ASHOK LEYLAND
Support and Resistance Moving Averages Beyond Technical Analysis tradingviewindia
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supportandresistance movingaverage beyondta tradingviewindia
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






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Indieconomic
Ashok Leyland
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