Three consecutive Resistive zones have been witnessed using Dow Theory for a min of 2 years trend of ASHOKLEY.
They are, price below 97.6, 91.8 and 77.7 starting from 1st zone to 3rd zone respectively.
All of the three zones have been witnessed only with the average volume. There’s no much volume is seen.
Good work but volume confirmation is necessary in order to qualify the Dow theory.