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...
Ashok Leyland expecting Zig-Zag correction. Looks like completed Wave A & Wave B of the correction. Now making a 5 Wave downmove as Wave C. At present completed Wave 2 and into Wave 3 of Wave C. Expected Target Zone 130 Levels. However, expect a overall bigger correction of the last upmove. So expecting ashok to move sideways for some time forming a WXY corrective...
The Gartley chart seems to be reaching the C point. Hoping for an upside. Buying point 130.
CE OI thrice that of PE OI. 150 Seems like an unbreakable level. Short and carry till levels of 135. Stoploss: Above 145.6 Further analysis after target meets.
Based on the cup and handle, its a short and two targets are marked.
Need to wait n watch for AshokLey seems like start of phase 2 for AshokLey
Ashok Leyland RSI - Negative Divergence Candlestick - Very close to morning star MA - Daily candle closing below 10 DMA Trendline - Price rejection from trendline support Could possibly go down till 155/150
Ashok Leyland is approaching crucial levels to break to make around 150. Will see how it goes. Earlier long call:
There may be a chance of short term bearish trend on Ashok Leyland. This is just for learning. Experts please clarify whether analysis is correct
ASHOK LEYLAND ascending triangle study. Currently its finding support at 100-50 daily SMA Buy ASHOKLEY above 133 T1: 150 T2: 165 SL: 122
Ashok Leyland CMP 109.7 Last time when the stock was at 112 we had a bullish view for target of 128 / 133. Link to previous update Well the stock made a high of 133.80 and now is back again at those levels of 112-108. However this time we have a different story here... The price action has broken blue channel and also below the green support...
Sell Ashokley at 113.3 with SL 116 target 108.6
ashok leyland is above it's support line. keep adding in dips at every level, if broken.
I will take very light positions like 80-100 qty as testing purpose, wave 5th mean Diversions in MACD that mean it will take more time for upside. so capital will be stuck.I would like to keep the SL 91 for the destination of 150++. let se when target or SL come.
We cloud observe Bearish signal generated in Ashok Leyland chart. Short Term Traders can cover LONG positions and book profits. Keep the Trailing stop loss as the support trend line. We could see Volumes going DOWN as price going UP. We'll check once the support line broken.
one may short Ashok leyland SL 118 T1 114 T2 108 T3 101 feel free to comment BSE:ASHOKLEY
Watchout for HnS breakout in Ashok Leyland folllowed by good sales growth. Buy for long term with targets of 30-45% and add on dips.