Long Idea in ASHOKLEYNSE:ASHOKLEY
Price bounced from a support zone and got into a consolidation in a symmetrical triangle. When price breaks to the upside we can go long.
ASHOKLEY trade ideas
ASHOKLEY (Trend)-Expecting another move to complete around 126+
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Please do NOT consider these as trade recommendations.
I' am an amateur and posting these charts helps me understand the market better.
I' am open for suggestions/advice.
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Ashokley CMP 121.70 Tgt 145, SL 108This is weekly chart of ashok leyland CMP 121.70, If you see last weeks candel, a dragonfly doji candelstick was form, it indicate a reversal of a downtrend price and start of an uptrend, wait for this week candelstick formation as a confirmation of bullish trend, if 132.30 resistance level is broken in few weeks then stock can give good rally, This is for a short term.
Bouncing from support || Ashok LeylandA good swing or positional opportunity. Can be bought now for a target of 132-133. CMP-120 and SL will be 113.5 on a closing basis. Safe traders can also keep 109 as SL also because of good fundamentals. Do FOLLOW for regular swing trading ideas.
Ashok Leyland At CmpBuy At cmp
Stop Loss 112.40(CLOSING BASIS)
HEY TRADERS,
THIS PREDICTION IS BASED ON A HARMONIC PATTERN AND THE HARMONIC PATTERN IS 100% ACCURATE AND10000% RISKY BECAUSE IT IS AGAINST THE TREND METHOD...
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~Disclaimer: "I Am Not Sebi Registered Advisor" All views and charts shared in this terminal are purely for knowledge and information purposes only.
ASHOKLEY Trendline Bounce at 200DMAASHOKLEY is bouncing off from its trendline support which and also at 200 day moving average. 121 is a resistance which if crossed would be bullish on the stock. It would make sense to start building long position with full position on daily closing above 121. We can expect a target of 135 which is the previous strong resistance on the stock with 112 as the stop.
ASHOKLEY longNow its Trading at strong Dynamic support,
Good to enter if breaks above small trend line and closes above 122..
ASHOK LEYLAND | 18-20% potential | SL 6-7%The auto sector has seen a decent weakness in recent days, the bottom is near. The stock is also at a support level
Always diversify in diff sectors and do not take a lot of the risk. Comment below if you want me to study any specific stock.
POSITIONAL #KASH_STOCKASHOKLEY. If gives closing below 116 then we can see again 109 level and at that level, we will review again on reversal sign. it may continue the sideway channel. so keep it in your watchlist if manage to sustain the above highlighted red trendline then we can expect it will touch the upper trendline. Keep watch
Go Long with SLReason for Bullish,
Daily CPR moving upward.
Stoch RSI giving buying signal.
RSI also picking up momentum.
And Most importantly if everyones view is on short smart players know how to cut their positions 😀
My tgt for sept month above 130.
SL will be 115.5
ASHOK LEYLAND for swing tradeBroke the support line on the day frame.
This is the 3H chart and we have a Doji at the end of the day.
Expecting a pullback to Go short @ 123
ENTRY:
enter only if it bounces at 123 levels
TARGETS:
117
and 112
Ashokley broken uptrend support line and poised to move lowerAshokley broken uptrend support line with decent volume and poised to move lower
RSI below 50 shows momentum is on the down side.
Intermediate support level @ 112 and majot support @ 95
SL for this trade is @ 125 on daily closing basis
Do your own analysis before trading
Talk is cheap, show me the chart Quote - Talk/words are cheap, show me the chart Chart conveys everything.
Look at the chart. When you can observe it, you don't require a single piece of word in this description box.
So, talk less, show your stuff on the chart - Trader
Ashokley 125 min string demand zoneAshokley 125 min string demand zone trade setup marked on chart with SL, Entry and Target.
Ashok Leyland: Parallel ChannelAshok Leyland price in consolidating in a rising parallel channel. Right now price is trying to take support at the lower side of the channel. If it breaks this level then there is immediate support available @ 120-122 which has already pushed the price back up multiple times.
ASHOK LEYLANDAnother auto stock that had broken the resistance trendline technically and looking good to accumulate for the long-term.
Swing120 is an interesting level good opportunity to initiate buy with closing below the demand line small SL bda wla profit
Ashok Leyland swing setupHere you can buy and hold with minimum stoploss can expect a good move if cmp sustains above the trendline.
