Ashok Leyland

Many stocks hvae taken time to play out while others take off right away. Is there anyway to know? Not really. Its hit or miss. Sometimes others play out with a lag. As a trader with limited positions I may move to stocks that tend to respond faster to market swings for performance reasons. As a trader I need to be detached to the views on any indivisual name. So run a performance filter like Relative strength between stocks you like to choose the best one at a point of time. Anyway so Ashok Leyland looked like a triangle and prices just went sideways out of the lower line but not making a lower low. So the set up does not change only takes time. Lets see if the momentum indicators turning up again help this time for a move to a higher high above the wave D high of 58.65.