ASHOKLEY (ASHOK LEYLAND) has completed distorted C&H pattern as well as retest the LTH made during 2018. With the depth of 134 points (167-33) the target is 167+134 = ~301.
Intermediate targets 203 (completed), 222, 250 - keep trailing stop loss as it reaches next target.
* It is not a trade advise but technical analysis shared based on my understanding of patterns and personal experiences, please take any trade at your own risk.
Intermediate targets 203 (completed), 222, 250 - keep trailing stop loss as it reaches next target.
* It is not a trade advise but technical analysis shared based on my understanding of patterns and personal experiences, please take any trade at your own risk.
Comentário:
Marching towards next target 250, half the path done between 222 and 250, next half might come tomorrow.
Now area around 203 will act as strong support where one can take fresh positions in case of correction.