BUY ASHOK LEYLANDBUY ASHOK LEYLAND for target price 253, as it broke the trendline and made double bottom and will break this flag structure to continue till 253.
Ashokleyland
ASHOKLEYLAND H&S BREAKOUTAshokleyland breaking h&s reversal pattern
with huge volume building up
bullish rsi,trading above 20ema
#target 263 soon
sl 215
NO BUY/SELL RECOMENDATION
Ashok Leyland: Bullish Reversal with Strong Upside PotentialAshok 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, with the exception of RSI-7, which is trailing behind, suggesting there’s still room for the shorter-term RSI to catch up and drive further gains.
Additionally, a perfect hammer candle has formed on the weekly chart at this support zone, a classic signal of a potential bullish reversal.
With the technicals lining up, Ashok Leyland looks poised for a strong move upwards, making it a stock to watch closely in the coming days.
ASHOK LEYLAND - SHORT TRADE FOR HUGE PROFITSymbol - ASHOKLE
ASHOKLE is currently trading at 260
I'm seeing a trading opportunity on sell side.
Shorting ASHOKLE Futures at CMP 260
I will be adding more position if 270 comes & will hold with SL 273
Targets I'm expecting are 242 - 225
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
Ashok Layland seems to be set for a breakoutIts showing a classic Cup with Handle pattern a breakout with good volume can be a good time to enter.
Ashok Leyland - BullishAfter 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
#ASHOKA , READY TO BLAST * * * !!#ASHOKA , READY TO BLAST * * * !!
- BREAKOUT of Rounding Bottom !! ( 4 Hourly )
- BREAKOUT RE-TEST DONE !! ( Hourly )
LOOKING FANTASTIC @
For SHORT-TERM !!
ENTRY : 278 ( 15 min closing )
STOP-LOSS : 266 ( 15 min closing )
TARGET : 320
ENJOY YOUR PROFITS :))) @ @
Ashok Leyland - Bullish viewI have entered the marked level for swing trade.
Reasons for buying:
1. Breakout at 1 D time frame.
2. Stock is trading at all time high. These stocks generally perform good after breakout.
3. Breakout in 30 mins with volumes.
Please note that it's not a recommendation to buy. I have posted my analysis for educational purpose. Please do your own analysis before buying. I am not responsible for your profit or loss.
Automobile Speeds Up: TATAMOTORS & ASHOKLEY on focus
The auto index is currently experiencing a robust uptrend, consistently forming higher highs and lows.
After breaking out of the parallel channel, the index underwent a consolidation phase before recently making a significant breakthrough.
This breakout has made the sector highly appealing from an investment standpoint.
Keep an eye on these stocks in this sector: Tata Motors, Ashok Leyland
ASHOKLEYLAND RANGE BREAKOUTAshokleyland breaking a range box
with good volume building up
strong rsi macd crossover
#target 280
EDUCATIONAL IDEA
Ashok Leyland another Multibagger is BornAshok Leyland Monthly Chart shows breakout from the down trend & Cup Pattern Formation.
Targets coming as 4x in coming- Years
LTP - 164
Targets - 650+
Timeframe - 3-5 Years
ASHOKLEYLAND - Example of history repeats!Overview & Observation:
1. Beautiful clean breakouts.
2. Broke multiyear resistance level.
3. Earnings are strong.
4. Expecting a minor consolidation and further upmove
Trade Plan:
1. Keep it on radar, and track it closely.
- Stay tuned for further insights, updates and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
ASHOKLEY chart looking bullishASHOKLEY 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
ASHOKLEY STOCKNSE:ASHOKLEY stock is break the symmetrical triangle pattern.
Buy entry is break and sustain above the 195 level (OR) after the retracement level of 185 range.
Target 1 is 205.
Target 2 is 220 to 227.
stop loss break and close below the pattern.
Cup and handle breakout in auto sector stockAshok leyland has been consolidating in a cup and handle pattern since 2019 and is on the verge of a breakout.
A weekly closing above 170 will confirm the breakout which will the stock to 200+ levels in short time. Stock is looking bullish and can be added on dips upto 155 with a SL of 144 DCB.
Chart looks similar to Midhani which gave a sharp upmove after breakout
Note:-Idea is shared for educational purposes and should not be considered as a recommendation.
ASHOKLEY - Ichimoku Breakout📈 Stock Name - Ashok Leyland Limited
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 227.
🚨Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market.
#CloudTrading
#IchimokuCloud
#IchimokuFollowers
#Ichimokuexpert
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A Breakout on Monthly charts in Ashok LeylandAshok Leyland has given a confirmed Breakout on Monthly charts. The stock has broken the highs of 2018 in 2023 but was consolidating in a range since then. Finally the stock has given a confirmed breakout now. One can buy a tracking quantity and buy the balance if the stock holds the Breakout at the end of the month.
Ashok LeylandHello & welcome to this analysis
Stock is in a strong uptrend which has now come close to its weekly upper channel with a bearish harmonic deep crab pattern in the daily time frame.
Strong support between 180-150 while resistance at 210
It would be a buy the dip stock or fresh additions above the weekly channel
Happy Investing
Multiyear Breakout In Ashok LeylandMultiyear Breakout
Buy At Cmp 164.25
SL - 133 ( Monthly Closing Basis )
Target - 300
Ashok Leyland 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: Bullish Momentum SignalsAshok 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 trend.
Chart patterns, such as the rectangle or flag pole, further contribute to the bullish sentiment. The formation of these patterns often implies a potential continuation of the current uptrend.
Investors are advised to keep a close eye on the stock as it approaches the all-time high resistance level. Sustaining above this resistance could trigger a more significant rally, offering potential opportunities for traders. However, it's essential to monitor the market closely and consider other factors before making any investment decisions.
ASHOK LAYLAND Side base to Bullish SignalIn daily time frame it's follow side base trend . Due to quarterly report revenue was down by 2.91%(-2.905B). For long term view it's a bullish .
But here support was 165.35 and resistance 190.
If it break 190 resistance with great volume and take a retrace at this level then you can make position for long term .
Ashok Leyland bullish Investing Idea Good above 175NSE:ASHOKLEY may give impulsive moves now
it breaksout 5 years of resistance and also retest confirmed in weekly tf and daily tf
takes first resistance in 2018 followed by 2022 and finally breakout in 2023
now this resistance acting as strong support
also in daily timeframe retest of this support is confirmed
my personal view is very bullish and its the best time to invest in this stock for long term
i believe it may starts bullish impulsive moves from here
