ASHOK LAYLAND Side base to Bullish Signal

In daily time frame it's follow side base trend . Due to quarterly report revenue was down by 2.91%(-2.905B). For long term view it's a bullish .

But here support was 165.35 and resistance 190.

If it break 190 resistance with great volume and take a retrace at this level then you can make position for long term .
ashokleylandautosectorChart PatternsTechnical IndicatorsniftyautoniftyautosectorTrend Analysis

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Thanks & regards,
Kaustav Hazra
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