ASHOK LEYLAND on hourly chart seen Bullish Technical indicators for short term - mid term trend. one can buy at cmp @131.50 for short term upside 10-15% . as fundamentals also upto the mark ..mid term positions this stock can hold for good return in portfolio.
Technical indicators.
>> Trend line breakout triangle pattern.
>> Moving avg 50,200 golden cross seen on hourly chart.
>> resistance breakout also seen on chart.
>> volume seen increase on daily chart.
BUY ASHOK LEYLAND @ 131.50
TARGET 140 - 148 ( 1 Month )
STOP LOSS 115
*** This idea can helpful for Educational purpose ...do own analysis and take call at own risk. !!
WISH YOU HAPPY TRADING. !!
Technical indicators.
>> Trend line breakout triangle pattern.
>> Moving avg 50,200 golden cross seen on hourly chart.
>> resistance breakout also seen on chart.
>> volume seen increase on daily chart.
BUY ASHOK LEYLAND @ 131.50
TARGET 140 - 148 ( 1 Month )
STOP LOSS 115
*** This idea can helpful for Educational purpose ...do own analysis and take call at own risk. !!
WISH YOU HAPPY TRADING. !!
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Happy trading. !!