As we can see the trend line breakout with higher volume we can go with long
Ashok leyland 177 Entry
SL 170
Target 178/181/187/197+++
Disclaimer: only for educational purpose, not an advice
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...
1. 121-125 is strong Support zone for #ASHOKLEY.
2. 130-132 is Resistance Zone.
3. Clashing above 132 will invite further targets of 142/148/153.
4. Add till 122 with SL of closing below 121.
5. Volumes have reduced for past few sessions indicating a squeeze anytime soon.
6. Consult your financial adviser for before investing. If worth it, Do Like, Share and Comment.
Hello, ashok leyland stock mid term swing trade buy: 118 targets: 128/144 stoploss: 113.
LOGIC BEHIND TRADE: Stock has formed W pattern & breakout given breakout of resistance level breakout buy (targets identified from harmonic xabcd pattern levels 0.786/1.131) stoploss is taken low of resistance candle. Stock looks good for mid term siwng trade. NSE:ASHOKLEY
NSE:ASHOKLEY
Ashok Leyland formed a classic cup and handle pattern. Buy range is between 150 - 152. Stop @ 140. Target 1 - 160, Target 2 - 170.
Note: Buy only if the price closes above 150 on a daily time frame.
wedge breakout in daily chart with apana wala candle at breakout level it can show 165/175 with days low as sl in nxt 15 trading session watching carefully. but be carful result bhi hai. but technical chart shows long builtup.
ASHOKLEY
1. consolidation break this weekly closing strong confirmation
2. nifty auto supporting so up trend price move
3. next target coming soon ......................
NSE: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...
NSE:ASHOKLEY
Trade setup for ASHOKLEY on 02-08-2021
It has made bullish flag and pole pattern. Once it break the trendline then it will be a good buy trade opportunity. And safe buy trade can be above 134 breakout.
Safe Sell trade can be taken below 130. But once who even wants to short below 132 then it will be a quick move of 2 points till 130. My...
Buy 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.
ashokley can touch previous ATH sooner or later so one can long as per their trade set up. what ever dash line you can see on D point f both patterns are reversal zone so if you find reversal their then one can short with sl as per their trade set up.
******whatever charts or levels sharing here...
NSE:ASHOKLEY
Hi Traders,
ASHOKLEY bounced back from its support zone as well as break its resistance zone easily. If it break last trading day high then it can hit 82 level. If it break 84 level then remaining target can be hit.
Entry and target level on...
