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Shishirakram

Ashokley Intra day opportunity

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ASHOK LEYLAND (NSE:ASHOKLEY)  
Shishirakram  
NSE:ASHOKLEY   ASHOK LEYLAND
Trend Analysis Support and Resistance Supply and Demand Fibonacci Retracement ashokleyland ashokleylong ASHOKLEY autoview Technical Analysis intraday intradaytrading longsetup
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trendanalysis supportandresistance supplyanddemand fibonacciretracement ashokleyland ashokleylong ashokley autoview technicalanalysis intraday intradaytrading longsetup
A very good intrady opportunity is seen in Ashokley.
Although it is near a major resistance level, I think it can move till 84-86 levels before making a pullback rally.
As mentioned in the chart stock is oversold in the 15 min time frame and it is taking very good support of the 50 days EMA historically.

So I am bullish on the Ashokley for monday. But as I mentioned this is near a very major supply and demand zone. So be cautious.
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