AshokLey is showing bullish divergence on daily charts. While stock price is falling indicators moving up. Stock has a strong support near 105 levels from where it has broken out and continuously on an uptrend for last 3 days.
Stock showing MACD bullish crossover on daily charts. Hence its good to buy AshokLey above 112.75 with an mid-long term target of 117/123/129/134.
Trading Strategy:
BUY ASHOKLEY; CMP=112.1; Above 112.75;
INTRA DAY > SL=110; TGT=114.2/114.7/115.6;
POSITIONAL > SL=107.75; TGT=117/122/129;
Outlook: Mid-Long term (2-6 Months)
Stock showing MACD bullish crossover on daily charts. Hence its good to buy AshokLey above 112.75 with an mid-long term target of 117/123/129/134.
Trading Strategy:
BUY ASHOKLEY; CMP=112.1; Above 112.75;
INTRA DAY > SL=110; TGT=114.2/114.7/115.6;
POSITIONAL > SL=107.75; TGT=117/122/129;
Outlook: Mid-Long term (2-6 Months)
Order cancelled:
Didn't trigger.
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Telegram: t.me/TradersVenue
Twitter: twitter.com/PB_Fin
YouTube: www.youtube.com/channel