dineshsarann

ASHOKLEYL: Flag pole breakout possiblity , ready to buy

Long
NSE:ASHOKLEY   ASHOK LEYLAND
Dear traders,
if monday candle gives a brekout then play for a buy move.

>previous day candle's low is stop loss.
>Next resistance is TP.
>IF RESISTANCE ZONE is also breached then use trailing stop loss.

FLAG POLE PATTERN
Comment: check the RSI and RS

we can notice the breakout of rsi and relative strengh with high volume.
By these aspect the probability of price breakout is gone more high.

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