ASHOK LEYLAND LTD
Viés de alta

S.C Ban Order & Bullsih Crab on Ashok Leyland, So Whats Next ?

Atualizado
Hi,

Supreme Court imposes ban on sale of BS-III vehicles from April 2, As a reaction Ashok leyland fallen sharply and completed a beautiful bullish CRAB Pattern.

It's worth to mention, recovery was so good and sharp with RSI divergence. (Assume structure has shown RSI BAMM, need to verify it).

It tested all the figures on PRZ during the fall and bounced back sharply and closed inside the channel.

On Technical Perspective, i have two targets for Ashok Leyland (61.8% and 127.2% of CD leg)
Target 1 - 88.7
Target 2- 95.9

Stop loss would be 2 XA = 78.8

Trade with Care
Gulz
Trade ativo
good move from the channel bottom
Trade ativo
finally impulses here
Trade ativo
Target 1 is close
Trade fechado: objetivo atingido
Target 1 reached , holding for 2nd ( risk free trade)
Trade fechado: objetivo atingido
Here is the daily chart
snapshot
Nota
A Hammer formed on 4 hr chart, watch out next candle
snapshot
Trade fechado: objetivo atingido
oh - very close to second target - bullish crab worked well.
Trade fechado: objetivo atingido
2nd target also hit
Bullish CrabHarmonic Patterns

Também em:

Aviso legal