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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