**this is purely for educational purpose**do it at your own risk**
1. Trending stock
2. good structure on 1hr TF
3. good amount of volume
4. a nice pullback
5. if RSI is not breaking 40 on 1hr TF level and price 128/130
6. if it’s a gap down and trend continues down, 125 should be the target on short side
Long:
Entry:130/125 (if gaped down)
Exit:
T1 -...
ashokley can touch previous ATH sooner or later so one can long as per their trade set up. what ever dash line you can see on D point f both patterns are reversal zone so if you find reversal their then one can short with sl as per their trade set up.
******whatever charts or levels sharing here...
ASHOKLEY has a form FLAG PATTERN, the price has strength on a daily, weekly, hourly chart.
We can see price travel up to 112and 114, this level is not strong resistance but the price will take hold for further up move if price break level mention here so we can see 112 and 114 respectively.
The stock has been consolidating for some time now. And also created a clear triangle pattern if broken can give an amazing momentum.
These are the levels:
Buy above 77.50
Sell below 75.10
Note:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in...
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...
NSE:ASHOKLEY
Hi Traders,
ASHOKLEY bounced back from its support zone as well as break its resistance zone easily. If it break last trading day high then it can hit 82 level. If it break 84 level then remaining target can be hit.
Entry and target level on...
A very good intrady opportunity is seen in Ashokley.
Although it is near a major resistance level, I think it can move till 84-86 levels before making a pullback rally.
As mentioned in the chart stock is oversold in the 15 min time frame and it is taking very good support of the 50 days EMA historically.
So I am bullish on the Ashokley for monday. But as I...
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 .
Disclaimer: It should not be assumed that...
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 .
Disclaimer: It should not be assumed that...
Price after a big bull ride, breaking from the symmetric triangle and taking support from the channel bottom is in a consolidation phase at present.
Now price is forming a Flag pattern and only thing is we have to enter long after confirming the break. If you are aggressive trader then go long when price takes support from the Flag bottom with minimum stop loss.
Ashokleyland has made a crossover its Resistance Zone and moving forward.
Ashokleyland--Short Term Long View
expecting continuos bull range
after Retracement @65 THEN RISE
Key Support or Stops @65 levels
Upside 80-85 Range expect
10-15 Trading Days Time Frame
{VIEWS ARE ONLY FOR EDUCATION PURPOSE.}
Ashokleyland broke a very significant structure after a very long time. It is near 200 days moving average also.
Watchout for Long opportunities.
If it manages to stay above 57 then one can initiate long position.
