Ashok Leyland Possible Range Breakout+Ascending Triangle spotted
Stock is in Overall Uptrend in all major Time Frame.
** Currently Stock is in Box range for almost 2 Months.
Ascending Triangle also spotted in Range which is kind of bullish confirmation but on the safer side we have to trade after the range Breakout.
Previously price tried to break range but miserably failed and next day price came back down .
Our entry will be initiated once it break ascending triangle but we have to wait till the Range break.
Our Nearest targets will be 134 around.
Please share your views too in comment section.
if you like this setup please give us a thumbs up and follow me for more
If you didn't like it please let me know why you didn't like it.
** Currently Stock is in Box range for almost 2 Months.
Ascending Triangle also spotted in Range which is kind of bullish confirmation but on the safer side we have to trade after the range Breakout.
Previously price tried to break range but miserably failed and next day price came back down .
Our entry will be initiated once it break ascending triangle but we have to wait till the Range break.
Our Nearest targets will be 134 around.
Please share your views too in comment section.
if you like this setup please give us a thumbs up and follow me for more
If you didn't like it please let me know why you didn't like it.