Ashok Leyland is looking bullish by breaking a horizontal resistance trendline on daily chart so we can consider it is breakout on horizontal resistance trendline of parallel channel and after a breakout of falling resistance trendline we can go long in it for the target of 154 with the stop loss of 140 (RESISTANCE) below a daily candle close basis.
𝑵𝑶𝑻𝑬- 𝑶𝑵𝑳𝒀 𝑭𝑶𝑹 𝑬𝑫𝑼𝑪𝑨𝑻𝑰𝑶𝑵 𝑷𝑼𝑹𝑷𝑶𝑺𝑬