Strong Strength Buy Signal

16 May 2023

We can see a strong sentiment in Ashok Leyland Nifty Auto is down today but Ashok Leyland tested its previous resistance and took support today and climbed up with good move I think the stock will test its resistant at 156 in upcoming days as the stock is in the bullish momentum from past few days. Ashok Leyland might even go up above 156 if it breaks and takes support at 156. In live market I can see a hammer pattern formation till now made by the stock with high wick at the bottom that shows buying from lower level.

Write me if any modification in the analysis and do write me your view on this analysis.
Also please consult your financial advisor before investing

13 Eyl 2023

İşlem kapandı: hedefe ulaştı