Sunandamedi

ASHOK LEYLAND - CUP and HANDLE in FORMATION

Long
NSE:ASHOKLEY   ASHOK LEYLAND
AL is at 50% fib retracement and a clear cup and handle shape in form is seen.

Targets of 100 and 106.

Stop loss 79 (Is this fine??)
Comment: Started upward movement.

Touched 89.7 today.
Comment: Touched high of 92.2