Ashok-leyland
ASHOK LEYLAND --POSITIONALASHOK LEYLAND ---POSITIONAL --DAILY CHART SETUP
1. ASHOK LEYLAND seen double bottom formation on daily chart around 140 level recently .
2. stock fall from overbought level 170 to 140 at bottom and daily chart seen doji trend reversal candle at oversold level following green bullush candle at last closing session, which is possible trend reversal from oversold level
3. trix line seen at oversold level at present.
4. one can buy at current level 145-148 for positional target 155-160-170 ( 1 Month ) stop loss 130
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ... trade at own risk. !!
HAPPY TRADING .!!
ASHOK LEYLAND --INTRADAY SETUP --09/11/022ASHOK LEYLAND --HOURLY CHART --INTRADAY SETUP
1. on hourly chart trend line breakout seen in last hourly candle
2. upper channel seen on chart as trendline support taken and upmove may seen on curren level
3. stock seen support of channel near 147 and resistance of channel 152-155
4. trix line seen bullish crossover at current level
5, trade above 21 hma on hourly chart
6. one can initiate Buy at cmp 148 for intraday target 150-152 stop loss can be place bellow support of channel 145.75
THIS IDEA IS FOR EDUCATIONAL PURPOSE .........trade at own risk .!!
HAPPY TRADING !
ASHOK LEYLAND -- INTRADAY SETUP -- 16/06/2022ASHOK LEYLAND -- 15 MIN CHART -- INTRADAY SETUP -- 16/06/2022
1. ASHOK LEYLAND at upper channel seen trendline support
2. combination of Hammer candle , doji trend reversal candle seen at trendline support, same candle combination previously can seen where uptrend starts, ( circle mark )
3. ashok leyland trading above 50, 200 days moving avg on daily chart
4. RSI at mid range 51 level on daily chart,
5. MACD above center, bellow signal line daily chart.
6. intraday support at 133.50 resistance at 136.25 - 138
7. stop loss can be place bellow hammer candle on intraday
BUY ASHOK LEYLAND between - 134.134.50
TARGET - 136.50 - 138
stop loss 132.30
** this idea is for educational purpose ..trade at own risk !
HAPPY TRADING !
ASHOK LEYLAND ---CUP & HANDLE BREAKOUTASHOK LEYLAND --DAILY CHART - CUP & HANDLE BREAKOUT
1. Channel breakout & CUP & HANDLE Breakout seen on daily chart
2. Histogram seen bullish
3. RSI near 60 level currently 59 level above 60 will extreme bullish
4. MACD above center and signal line
5. above 20,50.100.200 SMA
BUY ASHOK LEYLAND @ 130
target 140-150 + ( SHORT TERM ) - 1 month
stop loss 115
* THIS IDEA IS FOR EDUCATIONAL PURPOSE ** trade at own risk
** HAPPY TRADING
ASHOK LEYLAND ---BULLISH 2022ASHOK LEYLAND on hourly chart seen Bullish Technical indicators for short term - mid term trend. one can buy at cmp @131.50 for short term upside 10-15% . as fundamentals also upto the mark ..mid term positions this stock can hold for good return in portfolio.
Technical indicators.
>> Trend line breakout triangle pattern.
>> Moving avg 50,200 golden cross seen on hourly chart.
>> resistance breakout also seen on chart.
>> volume seen increase on daily chart.
BUY ASHOK LEYLAND @ 131.50
TARGET 140 - 148 ( 1 Month )
STOP LOSS 115
*** This idea can helpful for Educational purpose ...do own analysis and take call at own risk. !!
WISH YOU HAPPY TRADING. !!
ASHOK LEYLAND ---INTRADAY SETUP - 07/01/2022ASHOK LEYLAND is pick of intraday as on 07/01/2022 due to Bullish technical indications. one can buy on intraday deep at morning session 1st 1 hour
at 131-132 level .. nifty likely open some gap down. recently trendline breakout seen on 15 min chart where stock bounce back from its strong support zone as well as golden crossover of 20,50,200 SMA alo seen on chart..stock has form w pattern which is also bullish indicator.
BUY ASHOK LEYALAND @ 131-132
INTRADAY TARGET 134-135
STOP LOSS 128.50
>> Please do own study and analysis this idea can helpful for same...take call at own risk. !!
WISH YOU HAPPY TRADING. !
Ashok Leyland buy for 129.Ashok Leyland to invest up to USD 200 million in EVs
Hinduja group flagship firm Ashok Leyland will invest up to USD 200 million (nearly Rs 1,500 crore) in its electric vehicles journey through its UK-based arm Switch Mobility in the next few years, according to company officials.
Switch Mobility, which will play in the commercial e-mobility space globally for the group through next-generation electric bus and light commercial vehicles, will launch an electric light commercial vehicle (eLCV) later this year in India.
Ashok Leyland is banking on Switch Mobility to play a crucial role to achieve its ambition of being in the top ten players globally in the commercial vehicles segment through the latter's electric commercial vehicles, which would allow it to serve markets developed like the US, Europe and Japan.
ASHOKLEY short I hope you can now see how Ashokley represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
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Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
Trade Setup on 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.