ASHOK LEYLAND MULTIYEAR BREAKOUT
Multi Year Breakout for Ashokleyland from a range of rs. 35-165
Trade active
TRADE: Entered Half Risk @175 with SL Of 158 REASON TO TRADE: As it broke from a multiyear consolidation from Nov 2014 to July 2023 price range of 35-165 indicating accumulation over these years
DEFINED SL@ 158 on a daily closing basis.
Trade active
TRADE: Added same quantity 161 SL 157REASON TO TRADE: Added same quantity as it took support near the breakout zone and previous breakout being defended. Thus average purchase price has come down.
DEFINED SL@ 157 on a Daily Closing Basis
Trade active
TRADE: Added 20% quantity @197.5 SL 160REASON TO TRADE: Added 20% quantity as it took support near the breakout zone and previous breakout being defended.
DEFINED SL@ 157 on a Daily Closing Basis
Trade active
Booked 30% quantity and moving SL 190 on a Daily Closing Basis.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.