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Ashok Leyland

Discussion in 'Technical Analysis' started by vjx, Nov 11, 2017.

  1. vjx

    vjx Member

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    Hi,

    If fundamentals still holds good, is it good to go long on Ashok Leyland around Rs 100 on correction based on technicals (fibonacci retracement) ? I am looking at weekly charts...

    Thanks.

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    vjx, Nov 11, 2017
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  2. shabbir

    shabbir Administrator Staff Member

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    Technically it should be forming a bottom and don't assume one is formed.
     
    shabbir, Nov 11, 2017
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  3. vjx

    vjx Member

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    vjx, Nov 11, 2017
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  4. dhiren

    dhiren Member

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    Today it bounced with volume from support. If makes a higher high and a higher low with volume then this would be a signal of trend reversal. CONSIDER. Cheers

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    dhiren, Nov 13, 2017
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  5. nirajshah

    nirajshah Champion

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    Thanks for sharing.


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    nirajshah, Nov 14, 2017
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