ASHOK LEYLAND ( ASHOKLEY ) breakout
Updated
You can consider it cup handle
You can consider it pole flag pattern
crossed resistance at 135-136
multiple pattern coinciding and on a longer timeframe ( 1W ) confirming strong bullish trend
can buy around current levels 145 and in any dips
target 1 : 150
after crossing 150 it will try 160 in short time
target 2 : 160
Only for educational purpose
You can consider it pole flag pattern
crossed resistance at 135-136
multiple pattern coinciding and on a longer timeframe ( 1W ) confirming strong bullish trend
can buy around current levels 145 and in any dips
target 1 : 150
after crossing 150 it will try 160 in short time
target 2 : 160
Only for educational purpose
Note
It is holding the weekly breakout now the weekly resistance of 135 has become support SL can be put below 134 as markets are trying to fill up the gaps
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