Ashoka Buildcon, cmp 156.21. Weekly breakout with volume.
2. Good for long term.
3. Potential multibagger.
4. Do your research.
ASHOKA trade ideas
Ashoka Buildcon. Breakout and retest done-Broke out of a base and retest done.
-Volumes are improving
-Trading above Key DMAs.
-Good ROE and ROCE
Keep this on your radar.
SL is deep so please position size accordingly and do not put everything in one go. Fine-tune the SL and Target at your discretion.
Ashoka Buildcon Limited - Breakout Setup, Move is ON...#ASHOKA trading above Resistance of 295
Next Resistance is at 454
Support is at 196
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Ashoka Buildcon Limited - Breakout Setup, Move is ON...#ASHOKA trading above Resistance of 196
Next Resistance is at 295
Support is at 135
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Breakout @Ashoka Buildcon
STOCK: Ashoka Buildcon
SETUP: All time high breakout, Stock was facing 195 to 200 zone resistance since feb 24, Given breakout of level in June 24 with bullish close never traded below that level after breakout, Consolidation or accumulation going on after that breakout for almost six months, now stock again giving breakout of consolidation range after six month(big green candles in accumulation time with slow and silent volume)
VOLUME: Volume activity increased
PLAN: Entry above day high, STOP: 260 to 250, Target: 1:2 or 1:3
NOTE: Manage your Risk #For leaning purposes only
NOTE: Take Target or SL whatever hit first, Will not update on same setup again
Ashoka Buildcon-Currently At Make or Break Levels.
-Also keep an on Infrastructure sector, before making a position in this.
-Information Just For Educational Views.
Breakout from Key Resistance: Keep In Watchlist ✅The stock has decisively broken above the resistance level at 270 with strong volume, signaling bullish momentum. Sustaining above this breakout level can lead to further upside toward 300 and beyond. The ascending trendline provides strong support near 230, offering an ideal risk-reward setup for positional traders.
Ashoka Buildcon for 60% gainsDate: 15 Oct’24
Symbol: ASHOKA
Timeframe: Daily
Ashoka Buildcon seems to be in Wave 4 which is likely to see one more leg down before it starts to move up in Wave 5 towards 370 (~60% from end of Wave 4) as seen in the chart. Company’s market cap (~7000 cr) to sales (10,000+ cr) ratio is at 0.68 while the industry average is 4 times higher at 2.24.
This is not a trade recommendation. Please do your own analysis. I have the right to be wrong.
Aisa lagta hai ki Ashoka Buildcon Wave 4 mein hai, jiske Wave 5 mein 370 (Wave 4 ke ant se ~ 60% adhik) ki taraf badhane se pahale ek aur baar neeche jane ki sambhavna hai, jaisa ki chart mein dekh sakte hain. Company ka market cap (~7000 crore) aur sales (10,000+ crore) ratio 0.68 hai jabki industry ka average 4 guna adhik 2.24 hai.
Yah koi trade lene ki salah nahin hai. Kripya apna vishleshan khud karein. Aur mujhe galat hone ka adhikaar hai.
#ASHOKA , READY TO BLAST * * * !!#ASHOKA , READY TO BLAST * * * !!
- BREAKOUT of Rounding Bottom !! ( 4 Hourly )
- BREAKOUT RE-TEST DONE !! ( Hourly )
LOOKING FANTASTIC @
For SHORT-TERM !!
ENTRY : 278 ( 15 min closing )
STOP-LOSS : 266 ( 15 min closing )
TARGET : 320
ENJOY YOUR PROFITS :))) @ @
Ashoka - Strong BreakoutAshoka :
Descending Triangle breakout Done
Looks Strong, Long only above 285 with immediate support at 272
ASHOKA BUILDCONPlease consult your financial advisor before investing.This is only for learning purpose of chart.
We are NISM certified EQ and MCX trader but not SEBI register investment advisor.
ASHOKA BUILDCONAshoka Buildcon Ltd is engaged in the business of construction and infrastructure facilities on EPC and BOT basis. It is also involved in the sale of RMC (ready mix concrete)
Company has a good return on equity (ROE) track record: 3 Years ROE 29.7%
Company's median sales growth is 21.0% of last 10 years
Company's working capital requirements have reduced from 44.9 days to 11.6 days
Ashoka Buildcon long setup readyClearly, on the 2-hour charts, we can see the Ashoka buildcon . Can take a long entry above 238 once the breakout of the marked trend line. Watch every time stock touches the 200 EMA level it bounces back with good price action. please keep the stock on your watch list. Good risk to reward trade.
Ashoka Buildcon- C&H breakout done in monthlyC&H breakout done in monthly for the target mentioned in the chart as green coloured line.
Already 20% up.. still 60 percent of the target is pending.
Team Stocks-N-Trends
Note: This is for educational purpose only.
Ashoka Buildicon Infrasturcture and EPC Business
Leadig Highway developers
FII have increased substaital stake approx 3%
195/196 - is a lonfg term break of 2018
Stock made all time high of 200 today.
Closing above 200 on daily basis will start ha fresh leg
SL : 180
looking good longthe company has good order book and chart pattern is also good so it looks promising
Infrastructure Ill take 160 as stop-loss and 300 target as swing trade disclosure
No recommend for buy or sell
Infrastructure stocks in focus
6 Year High Breakout Good Volume buildup in daily and weekly timeframe.
Price is making cup and handle pattern in daily, weekly and monthly timeframe.
Cup and handle pattern breakout with good volume wait for retest on the ATH trendline for conformation.
NOTE: I do my analysis, do your before trade.
breakout stocksAfter huge success of previous stocks , ashoka buildcoin breakout at weekly chart and is also forming bullish candle on weekly chart so it should be buy for the target of 250 , buy now risk reward is also favourable
Ashoka Buildcon Limited - Long Setup, Move is ON...#ASHOKA trading above Resistance of 162
Next Resistance is at 196
Support is at 116
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
ASHOKA IS ATTEMPTING BREAKOUT FROM 6-YEAR CONSOLIDATIONASHOKA is attempting to break out from over 6-year consolidation. Pl. check attached chart (Monthly scale). Its annual relative performance to CNX 500 has been +ve and rising since July 2023. Volumes have been significantly spiking towards the right edge of the chart since the beginning of rally in June 2023, & its momentum (RSI) has been travelling in the bull zone, above 60. Fundamentally, sales have been rising over the last 8 quarters and EPS is good. If the stock trades and sustains above 200, it can see some significant rally in the coming days.
No recommendation. Only personal analysis. Please consult your financial advisor for any decision regarding investment / trading.
