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corestrategytrader

Ashok Leyland Cup and Handle Breakout Long Strategy

Long
ASHOK LEYLAND (NSE:ASHOKLEY)  
corestrategytrader Updated   
NSE:ASHOKLEY   ASHOK LEYLAND
Cup And Handle ashokleyland ASHOKLEY breakout longsetup longidea ashokleylong ashokleybuy ashokleylandlong
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cupandhandle ashokleyland ashokley breakout longsetup longidea ashokleylong ashokleybuy ashokleylandlong
ASHOKLEY


Ashok Leyland formed a classic cup and handle pattern. Buy range is between 150 - 152. Stop @ 140. Target 1 - 160, Target 2 - 170.

Note: Buy only if the price closes above 150 on a daily time frame.
Trade closed: stop reached:
Stock made fake-out, trapping the bulls and driving the price down. #Bulltrap.
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