AmanSinha

SHORT ASHOKLEY !

Short
NSE:ASHOKLEY   ASHOK LEYLAND
NSE:ASHOKLEY

Observing Divergence on ASHOKLEY . One can initiate a short Trade once the price moves below the white trend line .

StopLoss - Recent Swing high
Target - Swing low of first wave.
Trade active: Entry Triggered !
Trade closed: target reached

Comments

bro I think it will bounce back from RSI 65
Reply
AmanSinha Aviishkar
@Aviishkar, Let's see what happens.
Reply
Aviishkar AmanSinha
+1 Reply
Bro ashokleyland has given big breakout u better be cautious.
It is just a retestisting its support or u can say a pullback .
If you want you can go long.
Reply
AmanSinha aakashshah829
@aakashshah829, ASHOKLEY is falling from a major weekly resistance level. Even if it's just a pullback I'll expect price to be down be atleast at 105 - 106 levels. It's more likely to enter into a range with 130 as upper range and 106 as lower range for quite some time before it makes any move.
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