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 . Thank You Disclaimer: It should not be...
Ashok leyland is in the re-tracement zone
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...
1) Head & SHoulder pattern 2) Stock has been into consolidation despite showing good volumes every month 3) It shall break the resistance of 135 in coming earning season
Here we discuss about trends according to DOW theory. May its useful for some one who are looking for some example.
A symmetric triangle pattern has been observed since Dec 2016. Do trade in the direction of breakout. I will keep you posted and inform you once the trade is active with target and SL