ASHOKLEY trade ideas
WEEKLY BREAKOUT IN ASHOK LEYLANDAshok leyland has given a channel(breakout) last week and it has retested the trend line this time.A very good opportunity to enter at current levels
in it.Two important resistance have been broken decisively.
BUY-139 (CMP)
TARGET-164.5
SL-128
Asholeyaland longAshok Long with given levels
Looking good setup for long and also auto sector aslo bullish
Buy AshokLeyland at/near cmp 124.85Buy AshokLeyland at/near cmp 124.85
tgts 130/135/142
@sl own risk
positional
ASHOK LEYLAND ( ASHOKLEY ) breakoutYou can consider it cup handle
You can consider it pole flag pattern
crossed resistance at 135-136
multiple pattern coinciding and on a longer timeframe ( 1W ) confirming strong bullish trend
can buy around current levels 145 and in any dips
target 1 : 150
after crossing 150 it will try 160 in short time
target 2 : 160
Only for educational purpose
LONG ASHOK LEYLAND for swing tradeHello,
3H chart of Ashok Leyland
The price is taking a pull back after a breakout.
Positions can be taken form levels
BUY : 126 - 127
Target: 121 , 128, 136
ASHOK LEYLAND, WEEKLY Resistance BreakoutASHOK LEYLAND, WEEKLY Resistance Breakout...Looking Bullish for a target of 166. Its for educational purpose only, please do your own analysis before investing.
Ashok Leyland Flag BONSE:ASHOKLEY
buy above 151 or near 140
SL closing below 118
T 156, 167
Closing above 170 will se 200+
Ashok Leyland LONGAshok leyland is consolidating from last 8 months within 110-136 and finally gave breakout.
Next target is 170
#Long consolidation BREAKOUTLevels are explained in the chart.
Strong sector outperformance.
Disclaimer: Educational Posts
Bullish NSE:ASHOKLEYBuy = 150
SL = 136
Target 1 = 178
Target 2 = 192
13/10/2021
Bullish NSE:ASHOKLEY-->Ashok Leyland Ltd
Buy for short term
Show your support to me by sharing only 1% of your profit at tradewithanusha@sbi
ASHOKLEYASHOKLEY:
The stock has given breakout of rounding bottom on weekly chart. stock is moving into overbought zone of RSI so let it cool down. if you get near 140 then accumulate the stock for the target of 166.
Please do you own study before any trade.
ASHOK LEYLANDAshok Leyland is about to give break out after that you can see a good rally.
Buy above- 139
Target- 143.30, 170 (Near Diwali)
SL- Buy on dips after the breakout.
AshokLey Buy 145 T1 149 T2 152 SL 139Suggestions are based on my analysis only. Please do your analysis before taking any trade.
Ascending Trianglestock at major resistance level of 140, resisting the same level from feb-2021.
see chart for more detils.
Ashok Leyland Trading ideas !!Leyland has to breakout it's all time high 168 zone for further move ,keep an eye on Volume also(if your an positional trader) ...
- if it failed to breakout the level then one can take short position where it also act as strong supply zone
Ashok Leyland geared up for 141.35 and ABOVE targetsHolding this stock for quite a long time. Targets of 150+ can also be achieved soon.
DO YOUR OWN RESEARCH BEFORE INVESTING OR TRADING.
Swing Opportunity in Ashok LeylandGo Long above 124.35 for Targets of 129.15, 133.95, 138.75, and 143.55 with SL 119.55
Reasons to go Long :
1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.618 Fibonacci level.
2. A bullish chart pattern, Double Bottom (W pattern) is formed around 0.618 Fibonacci level.
3. Also there is a Trendline (marked with green color) which is providing support to the stock.
4. The stock may go up to the Trendline (marked with red color) where it may face resistance.
Darvas Box + Multiyear Resistance + EMAIdea : The chart is self explanatory but broadly based on idea of "Darvas Box consolidation (+) multiyear resistance level"
Analysis : Support at EMA 21 , RSI breakout , Darvas Box Consolidation, Cup & Handle and favourable risk & reward
Advice : Wait for volume surge and go long at breakout level with stop loss
