Ashok Leyland - Cup & HandleCup and Handle Pattern, Auto industry currently looking at a good growth.
ASHOKLEY trade ideas
ASHOK LEYLAND ---INTRADAY SETUP - 07/01/2022ASHOK LEYLAND is pick of intraday as on 07/01/2022 due to Bullish technical indications. one can buy on intraday deep at morning session 1st 1 hour
at 131-132 level .. nifty likely open some gap down. recently trendline breakout seen on 15 min chart where stock bounce back from its strong support zone as well as golden crossover of 20,50,200 SMA alo seen on chart..stock has form w pattern which is also bullish indicator.
BUY ASHOK LEYALAND @ 131-132
INTRADAY TARGET 134-135
STOP LOSS 128.50
>> Please do own study and analysis this idea can helpful for same...take call at own risk. !!
WISH YOU HAPPY TRADING. !
Ashok leyland -bullish harmonic- dailyStudy chart and act accordingly.
Educational purpose only.
This is not a recommendation -
I am not SEBI registered - Do not TRADE/INVEST basis what I publish here.
Inspired by - Trading Mirror telugu
Swing tradeW pattern breakout.. targets of 5 to 6 % with a stop loss of 1.5 or 2% on daily basis.
Note :- Education purpose only...!
Ashokley LongAshokley Long
Rising channel chart pattern
RSI-61
Buy at CMP- 132 or at 129
SL- 123
Target- 147, 149
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Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
ASHOK LEYLAND Parallel Channel Buy on DIPDip Levels: 115-120
Short term Target 1 :138
Short term Target 2 :145
Closing Above 145
Mid term Target 3 :152
Long term Target 4 :166-180
Note: This is for educational Purpose only.
Ashok Layland Looks PossitveAL Takes support and spends time near support gives good breakout.
Long for The given Targets
Ashok Leyland [Weekly]Ashok Leyland, broke its original channel on the 29th. Looks weak on the weekly and the daily.
Suggestion: Hold off for the time-being. Price could slide to ~114
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Remember, if the overall market dips, most stocks will also go skinny dipping.
Happy Trading!
ASHOK LEYAshok Leyland posted negative results in sept 2021. Hence the stock is showing weakness and huge selloff. If no bounce is shown from 117 levels then the view is not valid. Above 122 we can see a small upmove in the stock till 140.
Education Price Action analysis..Ashok leyland is reversing from his support and making high on 75min chart..now stock is going to face the highest OI at 130.. if it crosses 130 then target comes 137. Always wait for the resistence level to cross before entry then it will give an impulse move..
Ashok Leyland Trade Setup for TomorrowAs you can see in the chart, Ashok Leyland share has made w pattern and given the strong BREAKOUT.
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So for tomorrow you can buy if it goes above 126 for the target 129-130.
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What's your view on this comment below in the box.
Scrip looking strongThe price has taken support from lower levels as displayed in chart and now moving up again.
Scrip can be bough at current level for swing tgt of Rs 132
[ INTRADAY ] ASHOKLEY SHORT BETrisk: Reward ratio is 1: 2
Rest as per Charts
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Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
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I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
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Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
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AshokLeyland - buy until 116, can give 57% in 4-6 monthsin.tradingview.com
As per Elliott wave theory, Ashok leyland is trading in wave4 and has formed a Flag pattern, this is at a good price and can be bought until 116 with a stoploss at 108. This can go till 183, with a target of 148 in short-term and 183 thereafter, hopefully in less than 6 months.
ashokleywedge breakout in daily chart with apana wala candle at breakout level it can show 165/175 with days low as sl in nxt 15 trading session watching carefully. but be carful result bhi hai. but technical chart shows long builtup.
Ashok Leyland Askok Leyland Swing Idea >>
Reason >> Breakout and retrachement also taking support of EMA.
Sl can of 139 for target of 167/ 167++, Lets see how it goes
Trade on you risk, consult you financial advisor before trading.
Happy Trading!
Breakdown in Ashok LeylandThis is just for Learning purpose .
showing the Breakdown of Rising wedge though volumes are not so attractive ,still its the case that need to be kept in watchlist.
Ashok Leyland form Tringle pattern Ashok Leyland form Tringle pattern can buy near above 138 for target 165+ soon
Ashok Leyland RSI Setup and DivergenceAShok Leyland fits in the RSI Setup of 406060 on a DWM basis showing RSI Divergence - Long
CMP 139.40
SL 131
TGT 156+
Ashok leyland short term for buyTrade based.
Hr tf trend continuation
Hr tf resistance and support based.
