Just draw a RED line joining all tops. . . . !
Here is the Ashok Leyland chart it is clear that knocking off @50 level is tough. Hence below 50Ashok Leyland is bearish. While above 50 Ashok Leyland is bullish. I would buy this stock only if it close above 51. (Just in case my lines are not straight . . !)
No comments:
Post a Comment