Ashok Leyland Monthly Analysis
Long Tern view on Ashok Leyland
Ashok Leyland Consistently Taking Support on Support Trendline
We can see How beautifully price has taken support on Support Trendline. We can say price is respecting the Support Trendline. This is the characteristic of a trendline. The support trendline acts as a support to the price which can stop the price to move further downwards. One can initiate long position if price reaches and takes support on the Support Trendline.
Long Tern view on Ashok Leyland
Ashok Leyland Consistently Taking Support on Support Trendline
We can see How beautifully price has taken support on Support Trendline. We can say price is respecting the Support Trendline. This is the characteristic of a trendline. The support trendline acts as a support to the price which can stop the price to move further downwards. One can initiate long position if price reaches and takes support on the Support Trendline.
Avinash K.