Hi mates sharing weekly chart of Ashok Leyland it is taking a same resistance 3rd time (triple weekly top) so are you not surprised if you are a active trader? So friends this is Trading view and by chance I am having many idea to trade this security in many ways but I want to share this time in only two ways for that make it simple for everyone sharing below. ...
As we can see a Bullish Penant is formed continuation of bullish trend will supposedly take place. A long entry can be formed above the the starting of a Penant with a minimal Stop loss. 4% can be expected on an Intraday trade. Xoxo
Ashok Leyland has formed inverted head & shoulder pattern. 10% upside is possible if breaks above trendline.
📊 Script: AHOKLEY 📊 Sector: Automobile 📊 Industry: Automobiles - LCVs / HCVs Key highlights: 💡⚡ 📈 Golden Crossovers are seen into the Script. 📈 Golden Crossover is where slow moving average line crosses fast moving average above. 📈 Although Script is trading at All Time High we may see some bullish rally. ⏱️ C.M.P 📑💰- 201 🟢 Target 🎯🏆 - 239/250 ⚠️ Important:...
Ashok Layland is in a range and now the stock is on the range high so a shortfall can come Please Follow for more.
Ashok leyland has given good breakout with volume seems good for upmove only for educational purpose not for sugesstion
Breakout on the chart, but need to close above on daily candle above 191.6, Target and SL are on screen, I entered at CMP for the short term but daily closing is a better entry suggested. Dis: I am not SEBI registered, Consult your financial advisor before taking a position.
NSE:ASHOKLEY 👉🏻Multiyear breakout + Multi month consolidation 👉🏻Above 190-192 we can expect strong moves 👉🏻Support near 155 👉🏻Keep it on radar above breakout level Stock finally gives the breakout after almost 10 month consolidation. Now if next week we get confirmation this breakout then we expect strong moves in the upside direction.
Mr Ashok ji's Coffee is nice to taste, Hold it, Taste it. Really It's HOT Good longterm Positional stock
Ashok leyland has 5 years breakout. That too is cup & handle pattern. Targets are normally double from here. That too had bullish wedge breakout too. I am long since 165 though. There is double strength in the stock. I have also demonstrated example1 on the left side. past cup & handle pattern brekout and target. Used fibo extention for above 300 targets. Keep...
Ashok Leyland has given a confirmed Breakout on Monthly charts. The stock has broken the highs of 2018 in 2023 but was consolidating in a range since then. Finally the stock has given a confirmed breakout now. One can buy a tracking quantity and buy the balance if the stock holds the Breakout at the end of the month.
1. Flag pattern breakout seen on Ashok Leyland Daily TF chart. 2. Cup handle breakout. 3. ATH 4. Stock breakout ATH and retest. 5. Consolidation and breakout.
#ASHOKLEY trading above Resistance of 191 Next Resistance is at 250 Support is at 151 Here is previous chart: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only....
Ashok Layland Stock analysis on 22 Feb 24 Fundamentally strong stock Breakout support stock near 163 Stoploss 155 (on closing basis) target 190 (52 week high) (if sustain above 190) 210 - 225 - 235
Hello & welcome to this analysis Stock is in a strong uptrend which has now come close to its weekly upper channel with a bearish harmonic deep crab pattern in the daily time frame. Strong support between 180-150 while resistance at 210 It would be a buy the dip stock or fresh additions above the weekly channel Happy Investing
NSE:ASHOKLEY stock is break the symmetrical triangle pattern. Buy entry is break and sustain above the 195 level (OR) after the retracement level of 185 range. Target 1 is 205. Target 2 is 220 to 227. stop loss break and close below the pattern.
ASHOKLEY TRENDLINE/ CHANNEL PATTERN BO - Possible BO on 5th attempt- Long if broke and close above Trendline on daily timeframe
Breakout in Ashok Leyland. Double top formed and a break with volume seen. Buy @CMP : 192.30 Stoploss : 175 Target : 250