Monday, December 10, 2012

Ashok Leyland an Analysis

On August 26th I identified a Falling wedge pattern. My analysis is currently giving a profit of +35%. Today I am willing to exit from Ashok Leyland

Reason: A triple top formation, A triangle formation
Strategy: Sell if trend line get violated, add on if we see a positive breakout

Article1: Click here
Article2: Click Hear