Ashok Leyland is moving in tight range. It's forming inverted H&S on daily chart. Expecting breakout around 10th Nov. The results are going to be declared on the same day. Expected break on upside with target of 166-170 on smaller timeframe. Upside targets are 190-200 on a longer timeframe.
Congratulations and well done for sharing your first idea with the community. Hope you will be having great experience. Thanks for your contribution. From mod @Bravetotrade
vineetsehgal4000
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I did the same analysis and entered the trade with big quantity. To me it looks like a inverted cup and handle pattern on weekly and monthly time frame. seems like a very wrong decision. Lets see what's wrong with it. It broke the falling trend line on daily basis but failed badly.
Hope you will be having great experience.
Thanks for your contribution.
From mod @Bravetotrade