That Down Move from top doesnt look impulse or Convincing Leading Daigoanl.....
It mostly fits into Wave C Ending diagonal .....Part of Larger Expanded flat .
It mostly fits into Wave C Ending diagonal .....Part of Larger Expanded flat .
Ashok Leyland reached downside leg to 76 as shown in chart ,,,, And Can be till 75 ,But can be treated as buy with SL just below 74.80
Untill 80.50 Taken out ,Downside momentum will be strong.So know the risk reward.