Sunandamedi

ASHOK LEYLAND - BEING ACCUMULATED CAREFULLY!

Long
NSE:ASHOKLEY   ASHOK LEYLAND
NO "SELL" SIGNAL.

MOVING IN THE UPWARD CHANNEL.

AT THE BOTTOM OF THE CHANNEL AND ALONG THE TREND LINE.

ABOVE 90, IT WILL ENTER INTO THE BULLISH ZONE.

BELOW 87, IT WILL BE IN THE BEARISH ZONE.

FROM THE HOUR CHART, THERE IS A TWIST WHICH SHALL SEE PRICE LEVELS GOING UP.

(STOP LOSS - PERSONALLY, I THINK IT IS ALREADY UNDERVALUED VIS-A-VIS IT'S POTENTIAL. INSTEAD WAITING WOULD HELP!)

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