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GOURAV_DHOOT

ASHOK LEYLAND ( ASHOKLEY ) breakout

Long
ASHOK LEYLAND (NSE:ASHOKLEY)  
GOURAV_DHOOT Updated   
NSE:ASHOKLEY   ASHOK LEYLAND
Chart Patterns Trend Analysis
3
0
chartpattern trendanalysis
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
Comment:
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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