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NeeteshJain
Oct 18, 2016 9:05 AM

Ashok Leyland - Breakout from Pitchfork Pattern  Long

ASHOK LEYLAND LTD.BSE

Description

It is been observed that the price action breaks out from a previously trending Pitchfork channel on daily chart. It is indicating a bullishness in further price action and shall move higher levels if it manages to close above 82 price levels. It can also be called as a short term trend change.

Target: 86
Stoploss: 82

Trade active

Trade active

Trade closed: target reached

Target 1 reached Successfully. Regards
Comments
ccmoradia
Bought..
NeeteshJain
Good, it shall reach 86 levels within this week. Keep your stoploss intact. Regards
NikhilGhodke
Thanks for sharing, Neetesh!
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