MahendraPrtpIMB

ASHOK LEYLAND - Positional short

Short
MahendraPrtpIMB Updated   
NSE:ASHOKLEY   ASHOK LEYLAND
We will open with gap down on Monday as AL react from 38.2% retracement level of recent fall as seen in chart. Positionally we can short AL with stop loss 54 for Tgts 47.05/44.80/40.65/37.75/32..
Trade active
Comment:
revise stoploss @52
Comment:
first tgt 47.05 met. revise SL 50

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.