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corestrategytrader
Nov 7, 2021 5:39 PM

Ashok Leyland Cup and Handle Breakout Long Strategy Long

NSE:ASHOKLEY1D
ASHOK LEYLANDNSE

Description

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NSE: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

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Stock made fake-out, trapping the bulls and driving the price down. #Bulltrap.
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