In our last idea share on Ashok Leyland we have guessed that price may travel above the LAST STRONG GREEN CANDLE or it may breach its low. on 20th Jan 2026 it breached its low.
Below this Flag Pattern we can observe two Demand Zones which are Level over Level. Today price has reached first Demand Zone.
Let us assume tomorrow price may reach second Demand Zone.
If it reaches there and takes bounce RSI will take bounce from 50 Level.
Let us observe its travel.
Thanks.
Below this Flag Pattern we can observe two Demand Zones which are Level over Level. Today price has reached first Demand Zone.
Let us assume tomorrow price may reach second Demand Zone.
If it reaches there and takes bounce RSI will take bounce from 50 Level.
Let us observe its travel.
Thanks.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.