As per trend its bullish facing big resistance at 289 & trend line breakage today at the end of day.
Good Buying oppurtunity for holding from 285 to 281
Support at 281
Resistance at target 289 to 290
If ASHOKLEY is bullish then following are the possible levels
Now it is being tested at level .316 Fib. Wait for the price to cross both the downtrend lines.
So the safest entry (if bullish) is when price exceeds 46.5
First Target 51.5
If it crosses 51.5 then
Second Target 54.20 which is 0.382 Fib
Third target 60.5 which is 0.5 Fib
Fourth target 67 which is 0.618 Fib
