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vaibhavmehta611
30 Kas 2020 15:31

SHORT TERM IDEA - ASHOKLEYLAND (RESISTANCE ACTING AS SUPPORT) Alış

ASHOK LEYLANDNSE

Açıklama

Price Broke out of the resistance/supply zone and gave a pullback, the price has taken support at the confluence of the previous resistance zone (which is now acting as support/demand zone) and 20 day EMA, above 93.20 can go upto 98-100 and above that can go upto 110, SL below 86 on daily closing basis, Also keep an eye on the sales numbers to be declared for november.
Disclaimer : For learning purpose only.

Yorum

Trade is active and going as per plan once the first target is achieved we trail the SL to 20 EMA on closing basis

Yorum

Finally this has hit our first target, keep on holding and move the sl above cost and trail profits with 9 day EMA
Yorumlar
pratik051288
Great. Nice analysis. Into the trade.
vaibhavmehta611
@pratik051288, Bro if your still into the trade price has hit the first target can trail above cost now and profits with 9 day EMA
pratik051288
Whats your view based on today's close at 92.65
vaibhavmehta611
@pratik051288, view still the same with better than expected nov sales nos though the entry level changes to 2 hourly close above today's high
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