ASHOK LEYLAND HOLD THE IMPORTANT SUPPORT ZONE61.8 IS VERY IMPORTANT FIB LINE. IF ASHOK LEYLAND HOLD IS LINE THEN UPSIDE MOVEMENT COMING IN FEW MONTHS.
THANK YOU.
Ashokleyland
Ashok Leyland Hourly ViewHave support level at 84-85 range, it may get raise around 7% before 2019-20 budget announcement.
Automobile Sector - Leading and Outperforming Companies (3)As per the Auto Index chart, it is consolidating in a downward diagonal channel, but there are companies in auto sector, (industrywise) which may outperform due to their strong fundamentals.
In Automobile Sector - Leading Companies Industrywise
1. AshokLeyland (Commercial Vehicle)
2. Jamna Auto/Automotive Axles (Auto Ancillaries)
3. VSTTractors/ Escorts (Tractors)
4. Maruti (Cars)
5. Eicher Motors /Hero Motorcorp (Motorcycles)
They above listed have consistent profits, good growth and almost no debt.
ASHOK LEYLAND NSE : LONG FormationASHOk LEYLAND NSE : LONG Formation
Accumulate : 90 , 95
Upside T : 100, 107 ,114 , 118
Ashok Leyland Ltd Will Negative Note | Trade NiveshAshok Leyland last day open with 96.10 making hingh 97.75 low 95.60 as well as close with 96.50 if we are following harmonic pattern ashok leyland will be down its a create to pressure at 97.75.
Ashok Leyland Trend changeThe down trend seems to be over and it is important to sustain 95-96 levels for the uptrend to continue. It can be bought around current levels for medium term investment.
Ashok Leyland - Keep Watch - Crucial LevelAshokleyland is going to blast above 95.5 or will it remain in range for few more day..
Keep Watch
Long - Ashok LeylandHourly chart suggests that Ashok leyland is bouncing from trend line.
We can go long in short term.
ashokley land move upto 112 levelashokley land move upto 112 level, its an sure hit...later 90 % probably fetch upto 160 level...in coming couple of months
Ashok leylandexpecting reversal from 75-80 levels. If that gets broken, we will have downtrend for several months.
ASHOKLEY - Classic H&SThis is weekly chart so patience is needed.
Sell at 100 with a weekly closing stoploss of 112 and target is 83 (Positional)
POSITIONAL SHORT ASHOK LEYLAND JAN (FUT)POSITIONAL SHORT ASHOK LEYLAND
JAN FUT
SHORT@94
STOP@100
TARGET@84
LOT:4000
QTY:1
ASHOKLEY is Possibly Bullish For 3-4 Days From Now. . .ASHOKLEY is Bullish For 3-4 Days From Now. . . Its in some sort of WXY Double zigzag. . .
Ashok Leyland; Is it going down the laneAshok Leyland
CMP 100.05
The stock has broken below important zone of 105-110 which acted as support on several occasions for more than year.
Given the setup things look bleak for the stock and can be headed much lower towards 92 / 84 / 66.
View gets invalidated if the stock starts sustaining above 106-110 in the broader setup.
Take care and safe trading...!!!
