📈 Stock Name - Ashoka Buildcon Limited
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 164.
🚨 Disclaimer: This is not a Buy or Sell...
The stock has been consolidating around it's weekly resistance zone.
A day close followed by weekly close above 155 can bring more bullish momentum in this counter.
This is not a BUY/SELL recommendation.
This idea is for EDUCATIONAL purpose only.
Learn & Earn,
Dr. Tanya Kumar
If the stock manages to surpass the crucial resistance levels between 150 and 155, there is a strong potential for a substantial upward movement in the upcoming days. This breakout could potentially yield a noteworthy 20-30% increase in the stock's value. Investors and traders should closely monitor the price action around these levels, as a decisive move beyond...
The above information does not constitute investment/trading recommendation and it is purely for educational purpose. Please check the Strategy below...
SWING Trading Strategy:
Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%)
INTRADAY Trading...
ASHOKA :- Is going to give breakout, that too with good volume
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades...
#Ashoka
CMP ₹.123.9
Technically looking good. 1 year resistance trend line broken. 4 months long Upward parallel channel broken, retested and bounce back. Further movement of 25% expecting.
Disclaimer : Post only for educational purpose. Not a buying / selling recommendation. This is only my personal view. I am not a SEBI registered analyst . Do your own...
Ashoka Buildcon Ltd
Stock sentiment - Bullish, buyers are optimistic about the price rise, stock is in uptrend.
Market pricing - Undervalued.
Profits - 111.6% profit increased as compared to the last quarter.
Gave a breakout at 120
Target got hit at 140
Upcoming targets- 155, 200++
Set a stop loss according to your investment and your risk...
Stock Name - Ashoka Buildcon Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 126
#This is not Buy and Sell recommendation to any one. This is for...
Stock is moving up with significant volume , broke long term trendline this month and now at the verge of a breakout can buy this with mentioned stoploss and target if 1:2.
Weekend Pick 2: Ashoka Buildcon
Fundamental : Very Strong. Growing Sales, Profits. Significant Debt reduction.. High CAGR% Growth!
Technicals : Triangle Breakout after huge consolidation and Volume blast. Well placed MAs
R 1: 145
R 2: 170
R 3: 200+
SL : 95
NSE:ASHOKA
This stock is nicely poised for solid gains in coming months
already given weekly breakout at 90 levels
worth studying
This analysis is being done for educational and knowledge-sharing purposes.
This article does not offer any kind of buy or sell advice.
