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Bullish Reversal in Ashok Leyland: Targets 190 and 220
ASHOK LEYLAND LTD
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Bullish Reversal in Ashok Leyland: Targets 190 and 220
nevil3 tarafından
Takip Et
Takip Et
13 Kas 2023
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13 Kas 2023
I have identified a potential bullish reversal in Ashok Leyland based on the following factors:
[Reverse Fibonacci Levels:]
The stock has shown a reversal at key Fibonacci levels, indicating a potential shift in the trend.
Break of Trend Line:
Ashok Leyland has successfully broken above a significant trend line, suggesting a change in the prevailing downtrend.
Targets:
The first target for this potential upward movement is set at 190, representing a key resistance level.
A more extended bullish move could see the stock reaching a second target at 220.
This analysis is based on technical indicators, and as always, it's essential to consider other factors such as market conditions and company news.
ashokleyland
bullishpattern
Trend Analysis
uptrend
uptrendchannel
Wave Analysis
nevil3
Takip Et
Feragatname
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