#ASHOKLEYStock is standing strong in this correction also and touched ATH.. can be accumulated with SL 140 for Target 200/240
ASHOKLEY trade ideas
Cup and Handle FormationThe stock is making a cup and handle pattern on weekly chart. Buy above 153.5 level on day closing basis for first target of ATH 166.5.
Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.
Learn & earn,
Dr . Tanya Kumar
Ashok Leyland Ashok Leyland not performing as expected but also not sustaining above trendline. Will only long if it sustains above trendline. Till then sticking to my previous publication on it.
Ashok Leyland Cup-HandleIt looks the price will break cup handle pattern setup seen in Ashok Leyland monthly chart.
ASHOK LEYLAND - SHORT TERM DOUBLE TOPASHOK LEYAND seems Double Top pattern clearly in 4hrs chart. It's bearish pattern. If breakout the neckline at 137, price should be move downward for primary support. In between price engagement also passing at 131. In this case, price may chance to sustain at 131 as a support.
long setup in ashokleyIn weekly time time awesome oscillation is rising
Good uptrend can be seen
Stock is above 13,34 explonantional moving average
Macd you also positive
In daily time frame
Short term correction can be seen
RSE is oversold and stoch is diverted that's why lean rising in volatility ATR is dropping below it's average
Heikin ashi candle in daily time frame inside body can be seen which indicate short term trend reversal
ASHOKLYE IN WEEKLY CHART- Head & shoulder pattern
- Wave
- Second time high testing (Resistance)
- Ulta hammer
Only study purpose.
ASHOKLEY Symmetric triangle BONSE:ASHOKLEY
#NSE:ASHOKLEY formed symmetrical triangle BO and trading @ TL Support.
Sustainability may give good upside momentum.
Short to medium term.
Happy LEarning !!
Ashok Leyland Views personal.
I Can go wrong.
Not a trading recommendation.
DYOR
I see a gap near 125-127 zone.. and i expect Ashok Leyland to fill that gap in upcoming days. Chart attached for reference purposes.
Ashok leylandbearish flag just for retracement
trendline broke and now pulling back
manage risk accordingly
ASHOK LEYLAND LONG Ashok leyland gave a potential breakout on monthly chart by price action and by macd crossovers too volumes are also jumps unable to add in chart because of layout but one can check on chart by adding volume indicator
ASHOKLEY TL BO !!NSE:ASHOKLEY
#ASHOKLEY TL BO, marked the chart with TL and Support, good above 146, chances for a pullback,
Post confirmation of sustainability chances to give good momentum.
ashok laylandFormed Pole with Flag, on its border to breakout, 1st target 190 can be achieved instantly after breaking out flag part with in a month or two, and 2nd target 470 can be seen in this financial year. RSI around 60 upwards on all time frame(D/W/M).
Ashok Leyland Time for a buy now !NSE: ASHOKLEY
If Breaks Then The Targets could be Taken at 146
Time Frame :- 1 Hour
Patterns Name :- Inverse Head and Shoulders
We are not responsible for any profit or loss
Based on Your Own Risk this is only to Show you the Current Pattern
Comment Below If You want to ask me questions on this on any other idea
BTW Like and Follow if you like this awesome content
Made By MAYANKTECHRESEARCHING
Buy at gap fillBuy at gap around 125 with harmonic tgt 157 sl would be 119 only for positional view trendline support also seen with 38.2 retracement level with low vol in pull back as shown in chart
Ashok leyland consolidating in tight range Ashok leyland consolidating in tight range.. we will trade on breakout side .. levels are marked on chart
ASHOK LEYLAND -- INTRADAY SETUP -- 16/06/2022ASHOK LEYLAND -- 15 MIN CHART -- INTRADAY SETUP -- 16/06/2022
1. ASHOK LEYLAND at upper channel seen trendline support
2. combination of Hammer candle , doji trend reversal candle seen at trendline support, same candle combination previously can seen where uptrend starts, ( circle mark )
3. ashok leyland trading above 50, 200 days moving avg on daily chart
4. RSI at mid range 51 level on daily chart,
5. MACD above center, bellow signal line daily chart.
6. intraday support at 133.50 resistance at 136.25 - 138
7. stop loss can be place bellow hammer candle on intraday
BUY ASHOK LEYLAND between - 134.134.50
TARGET - 136.50 - 138
stop loss 132.30
** this idea is for educational purpose ..trade at own risk !
HAPPY TRADING !
swing long in ASHOKLEYin Tf +1(1D)
stock has good uptrand with rising ao and macd
in Tf an an oversold opportunity can be seen by setup
Breakout Soon...Ashok leyland has recently formed a symmetrical triangle-shaped pattern and a possible breakout may be observed in the upside.
If on hourly chart, a Breakout candle is formed then initiate your trade for a possible bullish move.
Don't forget to put Stoploss if in case it changes direction.
(Disclaimer: This is meant for educational purposes only. Trade at your own risk. I'm not responsible for any loss/gain on this trade.)
