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Ashok Leyland - Fib levels
ASHOK LEYLAND LTD
Long
Ashok Leyland - Fib levels
By raj_rishav
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Updated
Jul 6, 2020
3
Jul 5, 2020
The stock came back up and closed at the 0.618 level last week after briefly testing below.
Momentum is bullish.
Buy above 50 for targets of 52, 53, 54 with SL at 48.5
Jul 6, 2020
Trade active
Buy triggered at 50
Jul 6, 2020
Trade active
It will get there slowly - The make trucks after all ! Toll plaza at 51
Jul 6, 2020
Trade closed: target reached
Exiting intraday leveraged positions
Jul 6, 2020
Note
closed at 52
Jul 8, 2020
Trade closed: target reached
53 !
Jul 8, 2020
Note
Exited my call option positions. 56 is on the cards so can continue to hold if you wish
ashokleyland
Chart Patterns
Fibonacci Retracement
Trend Analysis
raj_rishav
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