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
Ashokleyland
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
Ashok Leyland Breakout 1:3 RRAshok Leyland has given bullish head and shoulder breakout with Volume.
Good to add for Swing Position
Buy Ashok Leyland
Between 170-172 Stop Loss: 165
Target 1: 180
Target 2: 183
Target 3: 190
Based on Index movement SL
may be trailed.
Will keep posted.
Ashok Leyland : Swing Trade#ashokley #patterntrading #Breakoutstock #inverseheadandshoulder #swingtrade
Ashok Leyland : Swing Trade
>> Breakout Candidate
>> Inverse H&S Pattern Visible
>> Good Strength & Volumes Picking up
>> Low Risk High Reward Trade
Swing Traders can lock 10% profit & keep trailing
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Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
ASHOK LEYLAND LONG POSTIONALAs we can see the trend line breakout with higher volume we can go with long
Ashok leyland 177 Entry
SL 170
Target 178/181/187/197+++
Disclaimer: only for educational purpose, not an advice
Bullish Reversal in Ashok Leyland: Targets 190 and 220I have identified a potential bullish reversal in Ashok Leyland based on the following factors:
The stock has shown a reversal at key Fibonacci levels, indicating a potential shift in the trend.
Break of Trend Line:
Ashok Leyland has successfully broken above a significant trend line, suggesting a change in the prevailing downtrend.
Targets:
The first target for this potential upward movement is set at 190, representing a key resistance level.
A more extended bullish move could see the stock reaching a second target at 220.
This analysis is based on technical indicators, and as always, it's essential to consider other factors such as market conditions and company news.
Ashok Leyland,UPSIDE OF 205 - 210 LEVELSCurrently, Ashok Leyland is at the previous trendline Support level of 175 in price. If the stock successfully recovers, it might eventually hit 205-210 price levels in the coming weeks, according to the Elliot wave pattern, Fibanocci retracement, and trend line support levels.
ASHOK LEYLAND - LONG BREAKOUT!!!BUY - ASHOK LEYLAND
CMP - Rs. 145
Target - 1: Rs. 195
Target - 2: Rs. 260
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Technicals - Cup and Handle BO
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This is just a view by an expert analyst, please invest at your own risk.
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Ashok Leyland head and shoulder breakAshok Leyland head and shoulder breakout
can look for tp of 183-183.50 with stop of 177
dc : only for educational purpose
Could break out on big volumes - Ashok LeylandSelf explanatory - auto sector weakness is the only possible negative. Results were a blow out and the stock hasnt yet absorbed enough of that. Buying could emerge in the next month - keep track
ASHOK LEYLAND TO TAKE LONG ENTRYKeep the stock in your watch list. Can take long after the Breakout of the channel above 190.
This is for your educational purpose only.
ASHOK LEYLAND Creating "W" Pattern in Daily ChartsAshokLayland Creating "W" pattern in Daily charts. If its sustain above @170.00 then we are witnessing to go a Bullish Rally.
Initial Target Point: @182.00
Keep track traders.
ASHOK LEYLANDAshok Leyland can see some correction below 181 mark and could try to test its first support.
ASHOKLEYLAND BREAKING OUT ON WCBAshokleyland breaking out from rounding bottom
on weekly chart with good volume
posted a fantastic q1 earning
educational idea only
Ashok Leyland NSE: ASHOKLEYMajor points of Ashok Leyands are marked in the chart.
Disclaimer: Only for education purpose, do own alaysis before investing in stock market.
Ashok Leyland looks good on a monthly chartI find Ashok Leyland at an interesting juncture on a monthly chart. Long view above 180 with a very good upward potential.
The stock broke the 5 year high of 167.5.
Good long term view, however for any trade please maintain a stop loss as per your comfort and a strict risk-managment system.
Note: Not a buy/sell recommendation. Do consult your financial advisor.
Ashok Leyland All time highs breakoutA complete lifetime trending chart of Ashok Leyland. Price seen moving all time highs this month. A continuation in trend will bring huge returns on rallying further. A good buy candidate with stop loss at or slightly below breakout as per stop loss rules. Keep watch
ASHOKLEYLAND Daily Chart Breakout if Close above @169.50Ashok Leyland Breakout in Daily Timeframe
Breakout Level: 169.50
Target Price: 182.00
Stoploss Price: 161.00
Key Point: Traded above EMA 200 (146.80)
Strong resistance around @167.00
If close above the resistance it should be going to touch upward channel around @182.00
Ashok Leyland : Trending stock at ATH Levels#ashokley #autosstock #breakout
>> Good Trending stock
>> Good Strength & Volume in stock
>> Can Contine Making New Highs
Swing Traders should focus on 10% profit & keep trailling
Please Like or comment if u r Liking the analysis & Learning from it. Keep showing ur Love
Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
Ashok Leyland on Radar !!Keep an Eye on ASHOK LEYLAND as you can see in the charts it has came to its supply zone with heavy volumes from past few days. Now if it breaks the supply zone with daily closing a good chance to long for short term.
if it breaks down todays low, we may witness a sharp fall.
keep this stock in radar and catch the momentum on either side upon confirmation.
cup and handle patternstock trading near major resistance...
need to spend some time above 2 to 4 hrs.
10% above 170
