ASHOK LEYLAND ( ASHOKLEY ) breakout

You can consider it cup handle
You can consider it pole flag pattern
crossed resistance at 135-136
multiple pattern coinciding and on a longer timeframe ( 1W ) confirming strong bullish trend
can buy around current levels 145 and in any dips
target 1 : 150
after crossing 150 it will try 160 in short time
target 2 : 160

Only for educational purpose

Kommentera:

It is holding the weekly breakout now the weekly resistance of 135 has become support
SL can be put below 134 as markets are trying to fill up the gaps