ASHOKLEY
Short term Swing trading-ASHOKLEY-Long ASHOKLEY looks bullish for short term.
Buy Above: 155 for targets -
T1: 163
T2: 166
T3: 169
SL: 147.3
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
Ashokleyland : Looks like a great opportunity - BuyThe Gartley chart seems to be reaching the C point. Hoping for an upside. Buying point 130.
looks extremely bearish , need confirmation yeton hourly chart the stock looks EXTREMELY
bearish ,
after a great uptick ,
on daily charts moving side ways
and today closed belowan important mark of 970
can sell below 965 and can sell more below 950 for 935
917 targets
My PredictiveEngine's Intraday call(12-Apr) - ASHOKLEY - ShortBased on my PredictiveSystem's signals, tomorrow (12-Apr) its going to be a RED candle for NSE:ASHOKLEY
Sell below: 144.4
Target-1: 143.3
Target-2: 142.7
Target-3: 142
Stop loss: 145.7
Note: These calls are based on my own analysis. It may or may not work well for you. So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
Ashok Leyland heading to Crucial LevelAshok Leyland is approaching crucial levels to break to make around 150.
Will see how it goes.
Earlier long call:
ASHOK LEYLAND buy setupASHOK LEYLAND ascending triangle study. Currently its finding support at 100-50 daily SMA
Buy ASHOKLEY above 133
T1: 150
T2: 165
SL: 122
Nice PF Long entry at LMLPrices are caught nicely by the Pitchfork having multiple touches on handler. We can expect the price to touch the Median Line so one can go long now by providing a initial stop loss of 113 on closing basis. One can continue the trade with trailing stop loss for ML touch.
ASHOKLEY Lifetime Wedge BreakoutAshoke Leyland as been moving in an rising wedge most of its life. Recently made new lifetime highs . Currently on the edge awaiting a breakout/ Reversal
Also the last leg up is moving in a channel. This is weekly frame, it wud take million years to complete.
AshokLeyland Watch for Price ActionAshokLeyland Watch for Price Action , Near to Double Top it will come back or wait for breakout
Ashok Leyland symmetric triangle patternA 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
Ashok Leyland Potential Short !Similar to my idea of Tata Global this stock is showing good frequencies around the Pitchfork so I am looking for a short on retesting the upper Median Line. If recent election result creates an euphoric rally, climbing the price to the supply zone I would short the stock with Stop Loss of 96. Please put it into your watch list and to take timely action.
Symmetrical Triangle Breakout. Trading mates can take advantage of beautiful symmetrical triangle breakout. How to handle : just go long in the direction of breakout if it turns out to be a busted pattern just reverse the position. Busted pattern performs even better. Good Luck
Ashok Leyland - Breakout from Pitchfork Pattern It is been observed that the price action breaks out from a previously trending Pitchfork channel on daily chart. It is indicating a bullishness in further price action and shall move higher levels if it manages to close above 82 price levels. It can also be called as a short term trend change.
Target: 86
Stoploss: 82
Ashok Leyland - Weekly - Cash onlyA fantastic RR for going long here. Weekly chart. Buy as close as the band as possible. Enter some now and keep adding with a stop just below the band (on closing basis).
Ashok Leyland : Short-term, Keep an Eye !Hi Guys,
About 2 months ago there was a post about Ashokley , that bullish bat is forming and bat completed after 2 months of wait n in the zone, I have attached that idea below. Currently,
(i) Ashok Leyland is bottoming out in previous support zone
(ii) Support zone quite strong with no. of retests
(iii) After Bullish confirmation , initiate Longs
(iv) The Double Bottom may or may not work depending on general sentiment on Nifty
(v) Stops below 77 will be good idea,so check your risk n reward
Depending on your Risk Reward choose Target or you can carry it as long term after checking Fundamentals
I didn't check fundamentals of Ashok Leyland !
AshokLey Buy Setup!!is all set to go higher from current levels. One can go long on the stock at current levels with stoploss just below 80 levels and targets around 88.5 / 90 levels.
Ashok Leyland : Bullish Bat Pattern FormationWe are about to reach strong support zone in Ashokley and bat pattern is about to complete in the zone, I'm expecting the market to move up after bat pattern completion. Actually today GST bill is about to get passed, for Nifty - Gap down possible, for ashokley gap up bcos lesser tax for auto sector. Its just an info, so keep a note of it and have this pattern in your radar.
Happy Trading !
Ashok Leyland Breaks out to Upside (Buy)The price action in the strong consolidated triangle breaks upside today that indicates bullishness.
Target:91
Stoploss: 86.50
