ashokleyland view and levels

May 23, 2021

ASHOKLEY
The stock gave a good breakout in daily and weekly time frame.
made 3 consecutive green candles after breakout and last day it made a spinning top candle.. which shows indecisiveness.
it is likely to consolidate between 124 to 127 for some more time.
15min close above 127 can give good movement upside.
A 15min close below 123.5 can see some more correction till 120-118 levels which is a good positional buy zone for me.
The stock is in an uptrend on higher time frames so considering a long position on every dip..
watch this stock and add this to your watchlist for the coming days.
15min close above 127 initiates long for me.
this is my personal view on the script. Trade as per your Risk to Reward

May 23, 2021

Note

I will only look for long positions in this script.

May 25, 2021

Note

watch the stock..near our levels