Ashok Leyland breakoutAshokleyland 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.
ASHOKLEY
ASHOKLEY - BEARISH TRIANGLEASHOKLEY - BEARISH TRIANGLE
Wait for the breakout.
Confirm it is clear breakout with volume
Buy with the help of technical indicators like macd , moving average, pivot points etc
Or you could wait for a retracement and buy at retracement (if it happens)
Beware : Please keep in mind and stay away from False Breakout Traps.
Also this is not any recommendation. Trade at your own risk.
Ashok Leyland Expiry Trend !TREND ANALYSIS & TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
June Series Option can be tried.
Wait for entry setup, if available then Long/short.
Reward is 7-8 Times
AshokLeyland - Build up near resistanceNote: This is for educational purpose only.
There seems to be a build up near resistance of Ashok Leyland. There is an increase in buying volume and RSI is above 60 which indicates strong bullish momentum. In these cases, once the price breaks resistance, a bullish rally can be expected.
ASHOK LEYLAND Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Reminder for ASHOKLEY long 46.6Trade Setup 1.:-
Buy above 45.5 for 1-target 51.45 nearby
suppose to buy in range 46.4 to 46.9 (low )
Very low risk
Trade Given :
Vol. Breakout move in Ashok LeylandParallel Channel with volume breakout happening and long future buildup and OI.
Ashok Leyland trading in DECISIVE zone for further direction:
1. up-break with vol. else it will be speculation and dont' go long
2. or follow the parallel channel for correction.
If price is continue to rise with volume follow the price parallel channel , the first target is at 55 as 55.26 is 50 EMA resistance line.
Regards
Ashok Leyland monthly chart studyASHOKLEY bulls must prevent a close below 77 on monthly chart to defeat the bears.
Ashoklayland on positiveI can go upto 95 if breaks above 85. RSI and MACD should be strengthen to take an entry...
2020-01-21: ASHOKLEY BUY at 85, SL 83.3 TGT 90ASHOKLEY is in an uptrend with Buy in CASH Market at 85, SL of 83.30 and Target of 90
Consult your finance advisor before taking any position.
#ashokleyland bounce from Channel bottom @in_taringviewbounce from Channel bottom
buy between 75- 77
SL below 72
T 84, 90
ASHOK LEYLAND ANALYSIS EXTREMELY WEAK RESULTAS IT POSTED 93 % DECLINE IN SALES YESTERDAY WHICH IS VERY POOR WE CAN EXPECT GOOD CORRECTION MY FIRST TARGET IS 70 THEN FINAL IS GIVEN WITH ARROW GOODLUCK AND ALSO IT TRIED TO CROSS 50% LEVEL OF FIBONACCI BUT MADE REJECTION DOJI CANDLE AND CLOSED BELOW THAT LEVEL THIS IS ALSO GOOD CONFIRMATION AS MANY STOCKS CORRECT OR BOUNCE OFF THIS LEVEL AND THIS LEVEL SHOULD WORK AS OUR STOP LOSS TOO
NOTE: IT IS MY PERSONAL OPINION NO ADVICE
Long-term short setup Ashok LeylandAs Ashok Leyland has recently broke long term major support of Rs 80/-, the long term downtrend is triggered.
Line is Red is stop loss and black line is targets. Thin black line are intermediate support and thick black lines are major support.
Trading price: 75
Target: 71, 65, 56.5, 47.5 (placed above support line)
Stop Loss: 81.50
MARUTI suzuki ( investment and trading perspective)maruti suzuki is going through tough times and may see even more panic
but as its market leader will surivive and emerge victorious
although may take time but still nothing wrong to stay in it
Ashok Leyland | Raising RangeAshok Leyland have better support at 70-74 range.
Around 12-15% bounce we can expect from above support range.
Target Range: 83 - 86
Expected duration : 6 to 8 weeks
Risk Alert: Do not take this idea/analysis as trade decision for your trading. Go through this and take decision by yourself. Trading financial instruments involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
ASHOKLEY (Ashok Leyland Ltd) BUY ABOVE 91ASHOKLEY (Ashok Leyland Ltd) BUY ABOVE 91
Respecting the trendline at the lower level. Breaking the upper trend line will give a breakout in stock upto a target of 95.
Ashok Leyland Hourly ViewHave support level at 84-85 range, it may get raise around 7% before 2019-20 budget announcement.
Maruti Suzuki trade set-uppositional short sell trade
maruti looks weak for atleast next 5/7 trading days .
Double Bottom : Good Risk to Reward TradeAshok Leyland has formed double bottom and showing signs of reversal. It has a reasonable PF catching the price frequencies and is available on the LML offering a good entry. It has formed a double bottom with divergence on MACD which is quite reliable setup. Heiken Ashi has turned to Green also. One can buy the stock with the following details
Entry current Price 79,50
SL 77.4
Target 86.25
Risk/Reward Ratio above 3.21
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
