ASHOKLEY trade ideas
ASHOK LEYLAND (LONG)Ashok Leyland at Daily demand. Minor structure shift inside daily demand. Entry at the 50% of the Daily demand. Only for educational purpose !!!!
ASHOK LEYLAND --POSITIONALASHOK LEYLAND ---POSITIONAL --DAILY CHART SETUP
1. ASHOK LEYLAND seen double bottom formation on daily chart around 140 level recently .
2. stock fall from overbought level 170 to 140 at bottom and daily chart seen doji trend reversal candle at oversold level following green bullush candle at last closing session, which is possible trend reversal from oversold level
3. trix line seen at oversold level at present.
4. one can buy at current level 145-148 for positional target 155-160-170 ( 1 Month ) stop loss 130
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ... trade at own risk. !!
HAPPY TRADING .!!
ASHOK LEYLAND --INTRADAY SETUP --09/11/022ASHOK LEYLAND --HOURLY CHART --INTRADAY SETUP
1. on hourly chart trend line breakout seen in last hourly candle
2. upper channel seen on chart as trendline support taken and upmove may seen on curren level
3. stock seen support of channel near 147 and resistance of channel 152-155
4. trix line seen bullish crossover at current level
5, trade above 21 hma on hourly chart
6. one can initiate Buy at cmp 148 for intraday target 150-152 stop loss can be place bellow support of channel 145.75
THIS IDEA IS FOR EDUCATIONAL PURPOSE .........trade at own risk .!!
HAPPY TRADING !
Ashok Leyland, Probable Inverted H&S, Bullish SetupAshok Leyland is moving in tight range. It's forming inverted H&S on daily chart. Expecting breakout around 10th Nov. The results are going to be declared on the same day. Expected break on upside with target of 166-170 on smaller timeframe.
Upside targets are 190-200 on a longer timeframe.
ASHOKLEYASHOKLEY making inverted Head&Shoulder patter, it's not complete now, it can be possible Cup&Handle pattern also wait for clear direction
Falling wedge pattern ASHOKLEY.ASHOKLEY stock was trading in Falling wedge pattern for last few days on 1h timeframe. This stock has given a reversal entry from support level and reversal target is above 155+(upto resistance level ) In case this stock given a breakout entry on the resistance level so this can be extend for up to 172++.
ashokley ready to new moveI am not registered with SEBI. Ashok Leyland setup is visible to cross 147 if there is a reversal pattern above 138 on lower time frame for buy side. je is my personal opinion and i am not 100% in the market,
ASHOKLEYLAND, longMoving in between rising channel, candle close above the channel boundary, if it trades above this candle then trend will b reversal and the stoploss will be the low of the candle
ashok leyland 15 min frame the chart represents bearish rectangle pattern in smaller frame target 142 to 141
ASHOK LEYLAND TARGET 196ASHOK LEYLAND 20 months consolidation breakout. Monthly breakout. Target 196
Ashok Leyland All detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 in first target. This is not call my idea only. Please understand your risk and take full responsibility of your actions
ASHOK LEYLAND fib levels for swing trade (Learning purpose)* For best results, always let the hourly candle close above the entry point.
* 2 rupees minus the 3rd target is safe to book profit as the 3rd target would always face selling pressure.
* If the price makes it to a comfortable hourly close above third target, we can aim for the 4th target as well.
* We may also trail our stoploss while the price moves forward to secure our capital and profits.
ASHOKLEYAshokley retest 160 ent 160 tg 175 ignore below 158 just education purpose only no recommendation buy or sell
ASHOK LEYLAND ready to be a multibagger 52 week high nearbroken Many year old trendline still intact if it is able to break ATH there's no stopping it from becoming a multibagger in a year to come!!!!
Wedge Pattern And Trendline BreakoutToday i picked Ashok Leyland because, it broken trendline resistance on closing basis. The following factors are considered by me for picking this.
1. Wedge Pattern Breakout
2. Price Growing with Huge Volumes
3. Huge Long position in Futures
For BTST trades Keep profit as 2% - 3%
Keep SL and Target profits mentioned on the chart for short term swing trades.
Please consider these for educational purposes
Ashok Leyland- Auto sector looks bullish, breakout Rev. H&SThis script is in consolidation phase for longtime, one take good bet on this.
Good buy entry will be any closing above 148.5 in hourly candle. After that buy as much in dip between140-150 range, keeping SL @ 137.5 on closing basis.
Near term hurdle is at price level 154. One can hold till 195-200, profit can be book 163-167 level.
*Note-Only for educational purpose.
Cup & Handle Breakout in Ashok LeylandThe stock has given a breakout of the Cup and handle pattern on a weekly time frame chart
Ashok Leyland Ltd. (ASOK)breakoutAshok Leyland Ltd. (ASOK) strong Breakout
Today Leyland break out with storng volume and momentum. Huge order help to cross previous year highs. Next target 169, 175,181. Time to go long.thank you.
Ashok Leyland : Cup handle Breakout Good volume, no seller, breakout of resistance.
Fresh buy once today’s high is broken.
CHART PATTERN Example of TRIANGLE 🔺️ CHART PATTERN.
Chart pattern Analysis
Trend Analysis
Confirmation through Rising VOLUME
Just For educational purposes....
