Ashok Leyland bearish divergence
Updated
One can go short on Ashok Leyland with a stop above 80 on closing basis for targets of around 66 , bearish divergence on all indicators and MACD has also given confirmation as it has turned negative
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someone who is trading on daily charts confirmation is yet to come on MACD, though its already there on 4 hour chartNote
Confirmation has come on daily charts as well MACD turned negative, now even conservative traders can go short
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