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
ASHOKLEY trade ideas
[ 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.
Long AshokEven though it is falling within channel and a short trade is very much forming, but I would say either enter here with SL of Rs 2
Entry 144-145.7
SL 143.7
T1 151
T2 166
breakoutASHOKLEY stock is in good uptrend and has broken.
Cmp is 152.80
Target 1: 160
Target 2: 176.25
Target 3: 192.55
Please consult your financial advisor before investing
Leyland on route to Highway 159Ashok Leyland hourly price chart shows that an ascending triangle is in formation.. price needs to clear the triangle by 11:15 am tomorrow else it doesnt qualify as a breakout... target to reach by 10 November 14:15 hours is 159, Stop loss for now is any point where the hourly close of price falls inside the triangle after 11:15 am on November 2nd
FINEPRINT - 50 percent of all triangles fail
ASHOK LEYLANDNSE:ASHOKLEY
Ashok Leyland is giving triangular breakout in the daily time frame,
one can add this stock for a very short term target of 152 and a short term target of 166
ASHOK LEYLAND READY FOR 166 GOOD FOR 14% RETURN.
FRESH BUY CAN BE MADE WEAKNESS BELOW 130.
TRADE wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
WAITING FOR CUP AND HOLDER PATTERN ASHOKA LEYashoka ley going to boom in cup and handle chart pattern...
current rsi is above 60 add this to watch list
Ashok Leyland Swing trade setupASHOKLEY 2H chart.
Breakout above trading range, now retesting and foming a triangle consolidation. Should see a good breakout soon.
ashok leyland 10 rupees upsidei am seeing 10 rupees upside potential in this stock but long only when candle closes above red line for target of 158
good luck
bullish trend of ASHOK LEYLAND points to be noted-
1.strong upside trendline support ( containing 50 daily candles)
2.consolidation of 8 months breaks (October monthly candle)
3.october sells of company are better than expected.
4.strong demand at 140 and 145 strike price.
this analysis is for education purpose only.
BREAKOUT
next levels 170+
expect a consolidation around the long term resistance zone
then a strong upside move
NSE:ASHOKLEY Consolidation BONSE:ASHOKLEY
#ASHOKLEY Consolidating @ Resistance and trying to BO the level, Post BO may result good positive momentum.
Post sustainability above the level may try 145 CE
If swing changes start falling down side may try 140 PE.
Check out todays charts and results to practice the levels.
Happy Trading !!
A wonderfull trading opportunity in ashok leyland.As you can see the price has formed a ascending triangle pattern on 15 min time frame, which is a bullish pattern. At the same time the RSI is also consolidating between 60 and 40 level. You can go long if the price break the 144 level with high volume and good momentum and make sure the RSI also breaks the 60 level. This is a wonderfull trade with a good risk and reward ratio.
