Ashokleylong
Ashok Leyland: Bullish Reversal with Strong Upside PotentialAshok Leyland is showing strength near its major support range of 212-220, and the daily chart suggests potential upside targets at 243.27 and 258.10. These targets could be achieved within the week, supported by several technical indicators pointing towards a bullish reversal.
Long-term RSI levels are all above the critical 50 mark, indicating positive momentum, with the exception of RSI-7, which is trailing behind, suggesting there’s still room for the shorter-term RSI to catch up and drive further gains.
Additionally, a perfect hammer candle has formed on the weekly chart at this support zone, a classic signal of a potential bullish reversal.
With the technicals lining up, Ashok Leyland looks poised for a strong move upwards, making it a stock to watch closely in the coming days.
Ashok Leyland : Swing Trade#ashokley #patterntrading #Breakoutstock #inverseheadandshoulder #swingtrade
Ashok Leyland : Swing Trade
>> Breakout Candidate
>> Inverse H&S Pattern Visible
>> Good Strength & Volumes Picking up
>> Low Risk High Reward Trade
Swing Traders can lock 10% profit & keep trailing
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Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
Ashok Leyland,UPSIDE OF 205 - 210 LEVELSCurrently, Ashok Leyland is at the previous trendline Support level of 175 in price. If the stock successfully recovers, it might eventually hit 205-210 price levels in the coming weeks, according to the Elliot wave pattern, Fibanocci retracement, and trend line support levels.
Ashok Leyland : Trending stock at ATH Levels#ashokley #autosstock #breakout
>> Good Trending stock
>> Good Strength & Volume in stock
>> Can Contine Making New Highs
Swing Traders should focus on 10% profit & keep trailling
Please Like or comment if u r Liking the analysis & Learning from it. Keep showing ur Love
Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
ASHOK LEYLAND Analysis!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 stop the price to move further downwards. One can initiate long position if price reaches and takes support on the Support Trendline.
ASHOK LEYLAND MID-TERM SWING TRADEHello, 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 Consolidation BONSE:ASHOKLEY
#ASHOKLEY Consolidating @ Resistance and trying to BO the level, Post BO may result good positive momentum.
Post sustainability above the level may try 145 CE
If swing changes start falling down side may try 140 PE.
Check out todays charts and results to practice the levels.
Happy Trading !!