Ashok Leyland- Strong Breakout (Multiple Parameters)
Ashok Leyland breaks out of the falling wedge.
Post the breakout stock comes back to retrace
at the support line.
Later also forms a triangle pattern and breaks out
of the triangle.
It also forms a Cup & Handle pattern and also gives
a breakout from the pattern.
Stock takes resistance from Ichimoku Cloud,
takes support and then breaks out.
Multiple indications, suggests that stock looks positive.
P.S.- NOT a SEBI Registered Financial advisor, please consult your advisory before taking any trades
Post the breakout stock comes back to retrace
at the support line.
Later also forms a triangle pattern and breaks out
of the triangle.
It also forms a Cup & Handle pattern and also gives
a breakout from the pattern.
Stock takes resistance from Ichimoku Cloud,
takes support and then breaks out.
Multiple indications, suggests that stock looks positive.
P.S.- NOT a SEBI Registered Financial advisor, please consult your advisory before taking any trades
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.