ASHOK LEYLAND DESCENDING TRIANGLE BREAKOUT APPROACHINGAshok Leyland has been developing this pattern for quite sometime now. Possible breakout within the next trading session.
Note:- This is for information only!
Ashokleyland
Breakout with good Volume #bullish view Only needs Nifty SupportI have shared CDSL and Likhita Infra. after breakout and they are performing very good till now.
In single day gaved 4% and 5%.
Let's see. Today got Ashok Leyland which have given breakout with good volume.
The only thing is that we need Nifty Auto support and Nifty50.
Right time to enter if anyone willing.
This post is for information purpose only.
Ashok Leyland Triangle patternAshok Ley has given breakout from triangle pattern
With SL below 111 we can target 160 in short term
ASHOK LEYLAND LONGBuy Ashok Leyland above 112.5.
Targets 120-125-134
Stoploss- Below 105 (Closing Basis)
Strong support at current levels with a positive MACD diversion. The risk reward is good and the stock is showing good volumes.
ASHOK LEYLAND - Invt H & S formation Breakout from Flag - Riding the Parallel Channel and in the formation of Inverted Head and Shoulder.
Anticipating a MACD crossover
trendline breakout in auto stockauto sector looks good and today AL gave really good breakout on daily time frame
looks good for long position
Ashok leyland Future Short buildupAshok Leyland Future is on the bearish horizon. It has already stood below the entry-level (130.85) there is a high probability to reach Target(110.85)
Entire analysis has done on the basis of quantitative analysis with considering other important data points and statics.
Please honour the SL(139.4) in case of upwards move.
Entire data analysis was done on EOD basis. So let a positive candle stand above the buy line and execute on the pullback.
Note: This information is for educational purpose
Long or ShortUpcoming Result will Decide but due pandemic Bull run will be affected. Short term bull run may be possible if results are good.
Ashok Leyland AnalysisWyckoff Accumulation
Go long @ CMP
T1 = 147 (probability 90%)
T2 = 158 (probability 60%)
Ashok leyland-Head and shoulder pattern done, Buy now @113Please note that our previous analysis of ashok leyland was for short side as we analyzed the Head & Sholder pattern and gave the target of 109 to sell futures. Now the pattern is complete and Bottoming is also done. Therefore, as more value is left in this stock so intitate buy for a short term target of 125 and medium term target of 140.
Ashok leyland | HEAD & SHOULDER PATTERN | GO SHORTHead & shoulder pattern formation with RSI divergence. Short below 120 when 1 hr candle closses below it.
Target - 109, 101
SL - 127
Buy Ashok leylandBuy Ashok Leyland @ 114.5 For the first target of 122 can sell half quantity with the SL of 107 , if we got another BO then 2nd target is 130 . RSI forming +ve divergences.
This is for your educational ideas only.
