ArunbalaKrishnan
Long

Intraday Long On Ashok Leyland

NSE:ASHOKLEY   ASHOK LEYLAND
The price breakout observed when the stock opened on 07/12/2018
During second half of the day, the price regained and moved away from the trend line making higher highs and higher lows

CMP: 102.9
BUY : 102.6 -102.9
Target 1: 104.4 (Profit: 1.75%)
Target 2: 106.5 (Profit: 3.8%)
SL : 101.5 (Loss: 1.07%)

PS:
The trade is valid only when
- Opening price(10/12/18) is above 102.5 and doesn't close(first 30 min bar) below 102.3
If the above condition is not met, this call is not valid

But If the conditions are met, It's a high probability trade






Dec 09
Order cancelled: Condition Not met. So call not valid
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