NSE:ASHOKLEY   ASHOK LEYLAND INR1
61 1 1
Looks to me as its creating a Flag Pattern on downside and break of the channel will lead to sharp downside.

One can short this on close below 75 for below targets:-

Target 1- 70

Target 2- 63

sl- 78

Trade active: still in the channel....
Trade active: STILL in the channel
i am agreed to your idea it will go to 63 level but the pattern is not flag it is penant pattern
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