Tradersasi23

Flag pattern - wait for the break.

Long
Tradersasi23 Updated   
NSE:ASHOKLEY   ASHOK LEYLAND
Price after a big bull ride, breaking from the symmetric triangle and taking support from the channel bottom is in a consolidation phase at present.

Now price is forming a Flag pattern and only thing is we have to enter long after confirming the break. If you are aggressive trader then go long when price takes support from the Flag bottom with minimum stop loss.
Comment:
Took support from the channel bottom and shooting up as per the pattern. Enjoy the profits.
Trade closed: target reached

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