ASHOKLEY trade ideas
Ashokley Long Inverted HnSGo long in Ashokley. We can see an inverted Head and Shoulders on the daily chart.
Entry- 222-224
Targets- 234 238
SL- 216 Hourly Closing Basis
#Swing
*Disclaimer- Stock Market is a risky. Please take advice from your own financial advisor. This is just for educational purposes.
ASHOKLEY - To hit 290 in the coming weeks?Ashok Leyland - CMP 222
The stock looks ready for a good upmove provided the recent swing low of 200 holds
Wave counts and technical Patterns (Rounding Bottom breakout) everything points the target towards 290 for the short-medium term
Refer to the chart for counts on various Degree/TF and Technical Patterns
Vth of Primary 3rd is now underway.
On hourly TF, price broke above the falling trendline and broke the LH/LL structure..
There could be one more dip towards 210 levels.. and thereby make a double bottom structure
but this current impulse could take the script to AVWAP from the TOP at 230 levels..
A good script to consider for Dec/Jan series
Ashok Leyland- seems, ready for next moveBullish candle on weekly has formed , expected to make it all time high. We can consider the Stop loss as low of this candle. Let's see how it goes.
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.
ASHOKLEY
#ASHOKLEY Ready for new High!
Logic explained in the chart.
CMP 227
Target 1 - 242
Target 2 - 251
Target 3 - 257
Target 4 - 267+
ASHOK LEY LAND Getting Attractive For LongAshok Ley Land
On Retracement Mode After Respecting the tgt of 265±
Longterm Investors
Can accumulate till 185.
Looks good in Parabolic UPTREND PATTERN & ELLIPTICAL BREAKOUT ALSO SEEN.
(Based on Elliptical structure 207± support looks good)
TARGETS EXPECTED ARE MARKED IN THE CHART.
Shared it for Reference Purpose Based on CHART PATTERN.
Kindly do Your Analysis From Your Side.
This is not a BUY or SELL RECOMMENDATION from my side.
ASHOK LEYLAND - SHORT TRADE FOR HUGE PROFITSymbol - ASHOKLE
ASHOKLE is currently trading at 260
I'm seeing a trading opportunity on sell side.
Shorting ASHOKLE Futures at CMP 260
I will be adding more position if 270 comes & will hold with SL 273
Targets I'm expecting are 242 - 225
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
Ashok Layland seems to be set for a breakoutIts showing a classic Cup with Handle pattern a breakout with good volume can be a good time to enter.
ASHOK LAYLAND 1HEINTRADAY / SWING TRADE
TRADE FOR OPTION BUYERS..
- EARN WITH ME DAILY 10K-20K –
ASHOK LAYLAND Looking good for Downside..
When it break level 241.36 and sustain.. it will go Downside...
SELL @ 241.36
Target
1st 238.09
2nd 234.21
FNO
ASHOK LAYLAND SEP FUT – LOT 4 (Qty-20000)
ASHOK LAYLAND SEP 250 PE – LOT 1 (Qty-5000) – PRICE (10.85)
Enjoy trading traders.. Keep add this STOCK in your watch list..
Big Investor are welcome..
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Ashok Leyland - BullishAfter long downtrend, stock now retraced from strong support area
Made 1st HL 2 days back
As per FIb and Wave theory it seems stock may rise from near 242 areas, While 239-40 will act as the strongest support
Risk reward is excellent
Can expect 260++ again in coming days
ASHOKLEY Bouncing back from retest level#ASHOKLEY
Bouncing back from retest level
Retest level 245- 240
Strong until it holds the retest level
Support at 230Weakness if breaks 230
Reversal from here take it towards 259\ 265+Keep on radar
Ashok leyland long time cup & handle BullrunAshok leyland has 5 years breakout. That too is cup & handle pattern. Targets are normally double from here. That too had bullish wedge breakout too. I am long since 165 though. There is double strength in the stock. I have also demonstrated example1 on the left side. past cup & handle pattern brekout and target. Used fibo extention for above 300 targets.
Keep this in mind. Options is a dangerous instrument to play. Please do not go wild on anything unless you know exactly what you doing. Even though your direction is right still you tend to loose in option buying. And market can always prove me wrong and i take that rights too. Experience traders also fail in this market. Only risk management will give you an edge. Don’t take any trades without SL. Respect the market, Ungli nahi katoge to pura hath katna padega. Beware.
DISCLAIMER: I AM NOT SEBI REGISTERED ANALYST. ALL POSTS ARE EDUCATIONAL PURPOSES.NON ADVISORY, DISCRETIONAL NO CLAIMS, RIGHTS RESERVED. I AM NOT RESPONSIBLE FOR YOUR PROFIT OR LOSS.
ASHOK LEYLAND GO LONG WAY If sustains todays high tomorrow tehen a flag pattern breakout can be seen and which makes potential targets 280-290
Multiyear Breakout Ashok LeylandNSE:ASHOKLEY
👉🏻Multiyear breakout + Multi month consolidation
👉🏻Above 190-192 we can expect strong moves
👉🏻Support near 155
👉🏻Keep it on radar above breakout level
Stock finally gives the breakout after almost 10 month consolidation. Now if next week we get confirmation this breakout then we expect strong moves in the upside direction.
Ashok Leyland - Bullish viewI have entered the marked level for swing trade.
Reasons for buying:
1. Breakout at 1 D time frame.
2. Stock is trading at all time high. These stocks generally perform good after breakout.
3. Breakout in 30 mins with volumes.
Please note that it's not a recommendation to buy. I have posted my analysis for educational purpose. Please do your own analysis before buying. I am not responsible for your profit or loss.
Elliot wave analysis of Ashok Leyland.#elliotwaveanalysis #ashokleyland #elliotwave
Based on elliot wave principle , I have done analysis of Ashok Leyland.
Current view : If Stock breaks current resistance it will go till 0.618 level of wave 5 retracement.
Alternate view : IF stock finds resistance at current level then stock may continue consolidation.
Ashok Leyland Ltd - Breakout Setup, Move is ON...#ASHOKLEY trading above Resistance of 250
Next Resistance is at 384
Support is at 167
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.
Ashok Leyland Ltd - Breakout Setup, Move is ON...#ASHOKLEY trading above Resistance of 191
Next Resistance is at 250
Support is at 151
Here is previous chart:
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.
ASHOKLEY 1 YR target of 301ASHOKLEY (ASHOK LEYLAND) has completed distorted C&H pattern as well as retest the LTH made during 2018. With the depth of 134 points (167-33) the target is 167+134 = ~301.
Intermediate targets 203 (completed), 222, 250 - keep trailing stop loss as it reaches next target.
* It is not a trade advise but technical analysis shared based on my understanding of patterns and personal experiences, please take any trade at your own risk.
Ashok Leyland - Breakout viewAshok Leyland :
Resistance breakout and round bottom breakout
Looks good above 250 with support at 240
ASHOKLEYLAND RANGE BREAKOUTAshokleyland breaking a range box
with good volume building up
strong rsi macd crossover
#target 280
EDUCATIONAL IDEA
Ashok Leyland another Multibagger is BornAshok Leyland Monthly Chart shows breakout from the down trend & Cup Pattern Formation.
Targets coming as 4x in coming- Years
LTP - 164
Targets - 650+
Timeframe - 3-5 Years
