NSE:ASHOKLEY   ASHOK LEYLAND
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5
AKHOKLEY
safe trade
(1:6) risk reward trade
bellow 145 may free fall
Comment: plz re enter with stop loss 145

Comments

I hope next week onwards will see downward with the target of 137.
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is it not counter move to Main down ward trend, it always have counter move in order complete the distribution and cost averaging , before marking down , I will look for short selling In Futures once it makes your target level and i will look for reversal , because Going long is not that profitable going short in Futures with reversal confirmation which have higher impulse movement possibility
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mitesh06 I-Fund-Trader
@MoneyRain, good one ! if looking for short then go for colpal and few more like torent power # gail # ibulhfin may i find few more i will update later
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mitesh06 mitesh06
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@mitesh06, Thanks
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Hello, good analysis. Even I too have a similar call on AshokLey,

Hopefully both our calls go good.
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mitesh06 MuthiahM
i revise my stop loss to 145 still hold .
still belive it will go up .
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MuthiahM mitesh06
@mitesh06, Ok. In my case, the buy price is above 155, which is not yet triggered. So my trade is not active yet.
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