avirrathi

Ashok Leyland (long)

Long
avirrathi Updated   
NSE:ASHOKLEY   ASHOK LEYLAND
Buy at CMP @87.50
Target 90,92.5
Sl 86.5
Comment:
ASHOK Leyland goes beyond target after hitting stop loss.
I have learnt from this trade is that if a share will rises(with heavy momentum) after hitting stoploss makes it a more lucrative trade as many traders from the trade goes in a wrong direction and this price rise will force them to cover their short positions gives extra mile to a counter
Trade closed: stop reached

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