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ashok leyland long term trend
1) Head & SHoulder pattern
2) Stock has been into consolidation despite showing good volumes every month
3) It shall break the resistance of 135 in coming earning season
Everything is mentioned in Chart.
Here we discuss about trends according to DOW theory. May its useful for some one who are looking for some example.
A symmetric triangle pattern has been observed since Dec 2016.
Do trade in the direction of breakout. I will keep you posted and inform you once the trade is active with target and SL