Ashok leyland gave breakout from 7 months consolidationHey folks!
Please follow me to get my ideas on different stocks
Be sure to like and comment your views on that stock.
Ashok leyland gave a breakout today.
On tickertape ..this company is 76% forecasted by experts
Mutual fund holdings have been increased in the previous month.
Thanks!
Ashokleyland
ASHOKLEY AnalysisLooks like triangle breakout within rising channel in already existing rounding rounding bottom formation.
If this rising channel midline cross will happen by script then we can see price rise till 135 with SL below 122.
This kind of trade is very short in nature like same day in out . take 2%-5% of gain and move as still consolidation is happening in bigger time frame so near resistance selling pressure would be there.
#90 NO TIME TO LEY TIME TO SLAY💪#90(GENIE IDEAS): I will daily post intraday/swing/positional trading opportunities so u can analyse and get the most from it. if you like my analysis do like and follow me as a token of appreciation. And if you have any queries let me know.
Leave a comment that is helpful or encouraging.
Ashok Leyland: How Technicals helped us capture 11.3% movementAshok Leyland
This is what was posted on June 21, 2021
At 115.90 the stock was near the blue line which had acted as resistance previously... In Technical Analysis theory, there is a higher probability of previous resistance acting as support and vice versa. Based on this simple rule the trade was initiated.
Today Result NEWS has come out and stock opens with a big gap up and zooms further high in morning trade itself
Decide for yourself whether you want still want to listen to NEWS to make your trading decisions or listen to Charts directly and be a STEP AHEAD
Like & Follow
But don't follow me blindly
Learn to identify such opportunities independently
Ashok Leyland in somewhat Descending Triangle Chart PatternIt tried breaking out from the descending triangle but it seems like it failed or came back to retest, we need to observe closely, where it wants to go in the future.
KEY TAKEAWAYS
A descending triangle is a signal for traders to take a short position to accelerate a breakdown.
A descending triangle is detectable by drawing trend lines for the highs and lows on a chart.
A descending triangle is the counterpart of an ascending triangle, which is another trend line-based chart pattern used by technical analysts.
For Educational Purpose Only.
Price Action Pattern - ASHOKLEY💲💲 FOLLOW me @Averoy_Apoorv_Analysis and get these free analysis and potential movers on your watchlist :) 💲💲
🔰 {Some info}
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
<<<<<>>>>>
ASHOK LEYLAND 🚚🚚Take trade as per the values given in Fibonacci. always trail the stop loss. do your own analysis before taking trade
Check these Upcoming ideas - STILL ACTIVE
Check these successful trades & approach on Britannia , Mothersonsumi , DLF , Biocon , Daawat , Infosys , HBL power , HDFC life , Hind ZINC given below
If you like my analysis do like & follow me as a token of appreciation. If you have any queries on any stock let me know.
Leave a comment that is helpful or encouraging. Let's master the markets together
Ashokley long 1110 days inverted cup and handle formation.
Good to buy above 140 for bigger targets.
Good to buy above 130 for smaller targets. (Also, showing small inverted cup and handle)
Trade advice Patil ma'am.
Only for educational purposes.
.
Learned technical analysis at Patil share market institute Aurangabad, Maharashtra.
Ashok leyland: Targeting profits of Rs 10Hello Traders,
Warm Greetings! With CCI jumping over 70 and CCI above 253, Ashok Leyland appears super bullish. If the 2 hourly candles close above 132, in the next 2 sessions, then the positions can be entered. between 132-133, for a week-2 week target level of 144, with SL of 124.
* Buy at 133
* Profit at 144
* SL at 124