Ashok Leyland is in bearish phase since June 2018. It is forming only Lower Top and Lower Bottom since then.
Trade Plan:-
Shorted below 78 (previous top was 96 which implies target price as 18 rupees lower than 78).
Entry Price (Short): 76
Target Price: 60 (18 rupees below 78)
Stop Loss: 96 (Previous high)
Good one. Almost hit the target today.