Jay_shree

Trade Setup on ASHOK LEYLAND...!!!

NSE:ASHOKLEY   ASHOK LEYLAND
CMP 47.5

  • Lower Bound at 46
  • Decisive level 45.5

Trade Setup 1.:-
Buy above 45.5 for 1-target 51.45 nearby
suppose to buy in range 46.4 to 46.9
Very low risk


Trade Setup 2.:-
Sell with stoploss of 49.15 above closing bias.
suppose to sell 48 nearby and target 42.5/ 40 .5 and more
Very low risk

Choose on of your best Trade Setup for you from chart identifying.

Comments

Which time frame is this?
+7 Reply
Supratim_41 Sandy787
@Sandy787, 30 minutes
Reply
Thnx.....I think the buy side should work for sure !!
+2 Reply
Jay_shree c4dilip
@c4dilip, welcome,yes and if you have any question comment i will definitely answer all your question
+1 Reply
@Jay_shree Thanks for the trade. Much appreciated.🙏. BTW, any clue for Aurobindo Pharma ?
+1 Reply
Jay_shree shellyshailender
@shellyshailender, thanks for the appreciation. you will get the ping
Reply
should I buy it now or sell it ????????????
Reply
Thank you, your analysis got you a new follower. keep sharing your knowledge
Reply
1st target 49.40 a cluster resistance
Reply
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