Price - 108 Dt. - 19.07.2021 The stock took support at the horizontal line as well the 21DEMA. Today stock made bullish inverted hammer on a daily chart and it suggests that falling might stop and the stock starts moving up. This is the second time stock failed to break the resistance line placed at 116.70 levels. The first stock had tried in Feb of this year....
Stock is forming Inverse head and shoulder pattern with support at 88 levels. after Bo, can show 116/130/150 levels. Stock is trading above all moving average. results for 4Q FY 21 were ahead of expectations. PS: please consult with financial advisor before investing.
ASHOKA BUILDCON LTD Buy Above 117 1st Trgt 149 2 nd Trgt 180 Stop Loss 89
Watchout ASHOKA BUILDCON in the upcoming days. It has been testing 95 levels for long time. Today it closed above that level with good volumes. If the momentum sustains, then we can see 120 levels soon.
Trend line support. Good Delivery Volume. levels on chart. #infratheme Note:- I am not SEBI registered. All Views and trade setups are my personal view.
ASHOKA BUILDCON Buy-Between 90-91 SL - 88.5 Target - 93.5 95.6 98.9 Duration- 10-15 Days Note:- I am not SEBI registered . All Views and trade setups are my personal view and my personal trade setup. Do follow us Like Us Share with fellow traders Also check the below related ideas for other stocks.
NSE:ASHOKA is gaining momentum and should go to Rs200 in medium term time frame.
#ashokabuidcon Looks good for trading on trend line support. Moving beautifully so far. I am biased towards long as results posted are good. SL will be break of TL with good volumes. Targets are green lines.