Ashok Leyland is showing strength near its major support range of 212-220, and the daily chart suggests potential upside targets at 243.27 and 258.10. These targets could be achieved within the week, supported by several technical indicators pointing towards a bullish reversal. Long-term RSI levels are all above the critical 50 mark, indicating positive momentum,...
#ASHOKLEY Ready for new High! Logic explained in the chart. CMP 227 Target 1 - 242 Target 2 - 251 Target 3 - 257 Target 4 - 267+
After long downtrend, stock now retraced from strong support area Made 1st HL 2 days back As per FIb and Wave theory it seems stock may rise from near 242 areas, While 239-40 will act as the strongest support Risk reward is excellent Can expect 260++ again in coming days
#ASHOKLEY trading above Resistance of 250 Next Resistance is at 384 Support is at 167 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose...
#ASHOKLEY trading above Resistance of 191 Next Resistance is at 250 Support is at 151 Here is previous chart: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only....
ASHOKLEY cup and handle pattern breakout at lifetime high. Taking support at trendline price action looking bullish. Sustaining above previous lifetime high levels. Looking good for good upside. Disclaimer:- Not any recommendation and shared just as educational purpose. Consult your financial advisor. No one will be responsible for any profit or loss
📊 Script: AHOKLEY 📊 Sector: Automobile 📊 Industry: Automobiles - LCVs / HCVs Key highlights: 💡⚡ 📈 Golden Crossovers are seen into the Script. 📈 Golden Crossover is where slow moving average line crosses fast moving average above. 📈 Although Script is trading at All Time High we may see some bullish rally. ⏱️ C.M.P 📑💰- 201 🟢 Target 🎯🏆 - 239/250 ⚠️ Important:...
170-175 is entry level,7 years breakout after retractement now 173 rs , Target is 299 rs this stock , stoploss is below blueline
Ashok Leyland, based on the analysis using the Stock Navigator by FnOGyan Indicator, presents a compelling long signal on the daily time frame. The indicator suggests a positive outlook, supported by strong volume building up. The stock has demonstrated resilience by repeatedly finding support near the trendline support area, indicating a robust underlying...
#ashokley #patterntrading #Breakoutstock #inverseheadandshoulder #swingtrade Ashok Leyland : Swing Trade >> Breakout Candidate >> Inverse H&S Pattern Visible >> Good Strength & Volumes Picking up >> Low Risk High Reward Trade Swing Traders can lock 10% profit & keep trailing Please Like or comment if u r Liking the analysis & Learning from it. Keep showing ur...
Chart Type - Heikin Ashi Time Frame - Daily Indicator:- 1. Moving Averages (For entry and exit) 2. Fibonacci Retracement (For support and resistance) The price has successfully tested its Fib retracement level of 23.60% which is 179.15, the level acts as a strong support. Also the moving averages came close to each other showing the...
ASHOKLEY:- Cup and handle pattern has formed on the monthly chart, plan something only after the breakout, till then keep an eye on the stock Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and...
Ashok Leyland Monthly Analysis Long Tern view on Ashok Leyland Ashok Leyland Consistently Taking Support on Support Trendline We can see How beautifully price has taken support on Support Trendline. We can say price is respecting the Support Trendline. This is the characteristic of a trendline. The support trendline acts as a support to the price which can...
ASHOKLEYLAND buy for 10% gain it is showing the falling tendline breakout. you can keep it on radar. LTP : 148 TG : 164 SL : todays low
#ASHOKLEY - Inverted head and shoulder formation; A good up move is expected
For trendline target NSE:ASHOKLEY Buy only ABOVE 144.10 SL of 141.50 Target of Trendline and 2nd target of 150.70
Ashok Leyland is moving in tight range. It's forming inverted H&S on daily chart. Expecting breakout around 10th Nov. The results are going to be declared on the same day. Expected break on upside with target of 166-170 on smaller timeframe. Upside targets are 190-200 on a longer timeframe.
ASHOK LEYAND seems Double Top pattern clearly in 4hrs chart. It's bearish pattern. If breakout the neckline at 137, price should be move downward for primary support. In between price engagement also passing at 131. In this case, price may chance to sustain at 131 as a support.