AshokLayland 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 Leyland can see some correction below 181 mark and could try to test its first support.
Ashokleyland breaking out from rounding bottom on weekly chart with good volume posted a fantastic q1 earning educational idea only
Major points of Ashok Leyands are marked in the chart. Disclaimer: Only for education purpose, do own alaysis before investing in stock market.
I 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.
A 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
Ashok 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
#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...
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.
stock trading near major resistance... need to spend some time above 2 to 4 hrs. 10% above 170
Ashokley If sustain above 170 Looking tgt 174-176-180++ in very short term As it is giving longtime trendline breakout Keeping on radar Ashokley 172 CE
Ashok 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
A cup and handle price pattern on a security's price chart is a technical indicator that resembles a cup with a handle, where the cup is in the shape of a "u" and the handle has a slight downward drift. The cup and handle is considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading volume. Script = Ashok...
Chart Patterns look good for a short trade REASONS 1. In Weekly timeframe, Ashokleyland broke out of the Ascending channel on sep 2022 & Right now it formed a Bearish Pennant pattern and Gave breakdown for that too!!!(SHOWN BELOW) 2. In daily time frame, it is moving alike Inverted cup& Handle pattern(shown below) 3. In 2hr timeframe, it is...
NSE:ASHOKLEY Ashok Leyland making bullish pattern we can buy once it break above resistance level above 140 level STOPLOSS below 135.5 expected target would be - 147.5, 150
Ashok Leyland Monthly Analysis Long Tern view on Ashok Leyland Ashok Leyland Consistently Taking Support on Support Trendline We can see How beautifully price has taken support on Support Trendline. We can say price is respecting the Support Trendline. This is the characteristic of a trendline. The support trendline acts as a support to the price which can...
Stock is near to BO zone post downward move with massive volume buildup on daily chart, follow chart for proper support and resistance levels.
A morning star is a visual pattern made up of a tall black candlestick, a smaller black or white candlestick with a short body and long wicks, and a third tall white candlestick. The middle candle of the morning star captures a moment of market indecision where the bears begin to give way to bulls. The third candle confirms the reversal and can mark a new...