siddmuk2005

ASHOKLEY Analysis

Long
NSE:ASHOKLEY   ASHOK LEYLAND
Looks like triangle breakout within rising channel in already existing rounding rounding bottom formation.
If this rising channel midline cross will happen by script then we can see price rise till 135 with SL below 122.

This kind of trade is very short in nature like same day in out . take 2%-5% of gain and move as still consolidation is happening in bigger time frame so near resistance selling pressure would be there.

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