ASHOKLEY trade ideas
ASHOK LEYLAND ---CUP & HANDLE BREAKOUTASHOK LEYLAND --DAILY CHART - CUP & HANDLE BREAKOUT
1. Channel breakout & CUP & HANDLE Breakout seen on daily chart
2. Histogram seen bullish
3. RSI near 60 level currently 59 level above 60 will extreme bullish
4. MACD above center and signal line
5. above 20,50.100.200 SMA
BUY ASHOK LEYLAND @ 130
target 140-150 + ( SHORT TERM ) - 1 month
stop loss 115
* THIS IDEA IS FOR EDUCATIONAL PURPOSE ** trade at own risk
** HAPPY TRADING
ASHOK LEYLAND: Upward TrendNSE:ASHOKLEY shows strong buy indicated by PSAR, MACD & Fisher crossover followed by EMA & MA Crossover
Target 2: 149.15
Target 1: 134.20
Stop Loss: 118.65
𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
Ashok Leyland Inverted head & Shoulder.Inverted head & Shoulder with good support on the trend line. Can expect upward for 10-15%
Ashok leyland for postioning Ashok leyland consolidating and revert back in it’s uptrend. We can go long with 4 rs stoploss for 1:6 risk reward ratio.
Ashok Leyland opportunity callsAshok Leyland opportunity calls
will trade as per idea chart based on available price action
Ashok LeylandWeekly time frame is nearly resistance line...its break tha resistance line...its go to 150 on target...so after breakout to enter this script
POSSIBLE BREAKOUT CANDIDATE1. 121-125 is strong Support zone for #ASHOKLEY.
2. 130-132 is Resistance Zone.
3. Clashing above 132 will invite further targets of 142/148/153.
4. Add till 122 with SL of closing below 121.
5. Volumes have reduced for past few sessions indicating a squeeze anytime soon.
6. Consult your financial adviser for before investing. If worth it, Do Like, Share and Comment.
Simple Trade Setup | ASHOKLEY | 25-04-2022 (INTRADAY)NSE:ASHOKLEY
Observations:
1) On 15min time frame, we can see it is forming rounding bottom. But this pattern is not complete yet. If it complete and gets activated on breakout of 132 then we can see a good up move.
Please refer below chart : 15min time frame.
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Trade Setup for 25-04-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Ashok Leyland Bullish Flag Daily ChartLooks to be a good set up. Go Long above 130 if there is volume as well for a target of 139 and 150 SL 123.
ASHOK LEYLANDASHOK LEYLAND - market forming a #cup&handle pattern, if the market breaks the previous high then we will expect the pattern target (211)
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalASHOK LEYLAND
Stock trading at its trendline resistance on daily chart.
With recent movement and volumes. Seems this time stock will break this trendline
Buy above 130-133 levels for short term 5-7% targets
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
Please Like & Follow
Watchout for trendline breakoutAshok Leyland is testing it's 6-month-old trendline and looks good positionally above 130 level (day closing basis) for first positional target of 138.
Learn & Earn,
Dr. Tanya Kumar
ASHOK LEYLAND MID-TERM SWING TRADEHello, ashok leyland stock mid term swing trade buy: 118 targets: 128/144 stoploss: 113.
LOGIC BEHIND TRADE: Stock has formed W pattern & breakout given breakout of resistance level breakout buy (targets identified from harmonic xabcd pattern levels 0.786/1.131) stoploss is taken low of resistance candle. Stock looks good for mid term siwng trade. NSE:ASHOKLEY
ASHOKLEY | Opportunity to earn 30%+ in Swing Trade !Opportunity to earn 30%+ in swing trade.
CMP: 113.55 ( Good to Buy @ 114.35 )
SL: 111.50
Target: 149.55
( Targets calculated on the basis of Fib. and previous swings)
Disclaimer:
I am not a SEBI registered analyst. My studies are for educational purposes only. Please consult your financial advisor before trading or investing. I am here just to share my views and have fun!!! Don’t take me seriously…..
Happy trading !!!
[BUDDHA] ASHOKLEY Inside Bar Trade Long if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
Long if it breaks the high of the previous day with a stop loss at the previous day's low.
Ashokley BUYAshok Leyland after a big rally it has tried to settle down at higher levels and now looks good for another rise.
It is a buy at CMP for targets of INR 110+ and Stop Loss of INR 87
ashokley volume breakdown intradayprice is the engine
volume is the fuel
more the fuel.. more the power .... bigger the movement..
chart presented for price volume breakdown study
educational purpose
SuperTrend DuoApply 2 supertrend signals. It will increase the accuracy of the buy and sell signals.
Ashok LeylandQuick Technical analysis on Ashok Leyland, Ashok Leyland stuck in a consolidation phase, given multiple S/R Flips now possibly giving a clear cut bearish breakdown
[Buddha] ASHOKLEY Inside Bar Trade Long if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
