Ashok Leyland: Parallel Channel

Ashok Leyland price in consolidating in a rising parallel channel. Right now price is trying to take support at the lower side of the channel. If it breaks this level then there is immediate support available @ 120-122 which has already pushed the price back up multiple times.
ashokleylandChart PatternspriceactionpriceactionanalysistechnialanalysisTrend Analysis

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