Ashok leyland Future Short buildup

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Ashok Leyland Future is on the bearish horizon. It has already stood below the entry-level (130.85) there is a high probability to reach Target(110.85)
Entire analysis has done on the basis of quantitative analysis with considering other important data points and statics.
Please honour the SL(139.4) in case of upwards move.
Entire data analysis was done on EOD basis. So let a positive candle stand above the buy line and execute on the pullback.

Note: This information is for educational purpose
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ashokleylandashokleylandshortFibonacciOpen InterestSupply and DemandSupport and Resistance

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