Ashok Leyland geared up for 141.35 and ABOVE targetsHolding this stock for quite a long time. Targets of 150+ can also be achieved soon.
DO YOUR OWN RESEARCH BEFORE INVESTING OR TRADING.
Ashokleyland
ASHOKA - Ready To FlyAshoka has been trading in a tight range since last 6 months. Now ready to break out.
Big upside momentum expected on breakout seeing the price structure.
ASHOKA
Buy-Above 119
Add More At 105
Sl-90
Target- 170 200 A new ATH -240
Ashok leyland Moving in a channel pattern formationAshok leyland Moving in a channel pattern formation
usually channel pattern forms when there is less activity from buyers and sellers ,price become sideways and trade in a certain range ,ashok leyland is also trading like that keep eye on it ,it can give any side breakout .
buy Ashok Leyland Buy Ashok Leyland near 123-124 Stoploss 118 Target 135-140
Triangle Breakout and Retest Structure
ASHOKLEY Bull Trend Blast soonASHOKLEY
1. consolidation break this weekly closing strong confirmation
2. nifty auto supporting so up trend price move
3. next target coming soon ......................
Auto Sector - Ready for an upside ?Forming a flag patter, breakout might happen on upper side, look out for auto index cross 10900.
Stocks to watch out for if we see a bull run in auto stocks :
1) M&M
2) Escorts
3) Bosch
4) Ashok Leyland
I am particularly bullish on M&M.
Disclaimer : Bought M&M at 794
Ashok Leyland Long TermASHOK LEYLAND looks Good on Weekly chart. Trading above 20 & 50 EMA on Weekly Chart. Can be good pick for Long term Position for period 6-8 Months. Add more in Dip.. Target 160
ASHOK LEYLAND: one of the leading player in India CV industry with a 32% market share in the MHCV segment. Demand for the MHCV segment has started to recover over the past few months. The company is ideally placed to capture the growth revival in the CV segment.
ASHOKLEY pre-market intraday analysis and setup🎇Hello Traders👋
Today i have made a post on ASHOKLEY 15m
I hope you find this post helpful and informative👍
The targets and stoploss would be given in the charts or they would be according to pivot points
Thank You
—DISCLAIMER—
I am not a SEBI registered financial advisor
Please consider your consultant's advise a must , all the setups posted here will be considered as informative and educational post
I shall not be responsible for your profits and losses
Simple Trade Setup | ASHOKLEY | 13-09-2021 or in coming few daysNSE:ASHOKLEY
Observations:
1) On Daily time frame, It has made a bullish candle and broke 21 DMA as well as 125 level with good volume. If it sustain above 125 level then this will start bullish move now.
Please refer below chart : Daily time frame.
2)On 15 Time Frame: It made bullish flag and pole pattern.
Please refer below chart : 15min time frame.
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Trade Setup for Date 13-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
ASHOKLEY Trendline Bounce at 200DMAASHOKLEY is bouncing off from its trendline support which and also at 200 day moving average. 121 is a resistance which if crossed would be bullish on the stock. It would make sense to start building long position with full position on daily closing above 121. We can expect a target of 135 which is the previous strong resistance on the stock with 112 as the stop.
ASHOKLEY longNow its Trading at strong Dynamic support,
Good to enter if breaks above small trend line and closes above 122..
Go Long with SLReason for Bullish,
Daily CPR moving upward.
Stoch RSI giving buying signal.
RSI also picking up momentum.
And Most importantly if everyones view is on short smart players know how to cut their positions 😀
My tgt for sept month above 130.
SL will be 115.5
ASHOK LEYLAND for swing tradeBroke the support line on the day frame.
This is the 3H chart and we have a Doji at the end of the day.
Expecting a pullback to Go short @ 123
ENTRY:
enter only if it bounces at 123 levels
TARGETS:
117
and 112
Ashokley 125 min string demand zoneAshokley 125 min string demand zone trade setup marked on chart with SL, Entry and Target.
Ashok Leyland: Parallel ChannelAshok Leyland price in consolidating in a rising parallel channel. Right now price is trying to take support at the lower side of the channel. If it breaks this level then there is immediate support available @ 120-122 which has already pushed the price back up multiple times.
Ashok Leyland swing setup triangle patternThis is my swing setup for Ashok Leyland it has broken the trend line as well as retested it. Time to buy.
ASHOKLEYLAND LONGAshok Leyland taking support at 20D SMA and showing clear signs of Cup with Handle on a weekly basis. Expect to make new highs above 165 soon.
Ashok Leyland.... Play the levels what ever may be the result...
Sustaining above 131 is the key for bulls to be in control...
Pullback and Continuation in ASHOKLEYAshok Leyland gave a Trend line breakout. Now the trend line has been retested and seems to be pullback and continuation. Go long above day high.
