raj_rishav

Ashok Leyland - Fib levels

Long
raj_rishav Updated   
NSE:ASHOKLEY   ASHOK LEYLAND
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
Trade active:
Buy triggered at 50
Trade active:
It will get there slowly - The make trucks after all ! Toll plaza at 51
Trade closed: target reached:
Exiting intraday leveraged positions
Comment:
closed at 52
Trade closed: target reached:
53 !
Comment:
Exited my call option positions. 56 is on the cards so can continue to hold if you wish

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