Pole and Flag on Ashok LeylandA good breakout was seen on ASHOKLEY on Friday.
If the bull Run continues then a target of 151 can be achieved.
It is currently in the 133-134 zone of resistance so it might retest before going up.
ASHOKLEY trade ideas
ASHOK LEYLAND LTD.DATE - July 30, 2021.
ASHOK LEYLAND LTD.
1.Gives an Intraday breakout of previous high.
2.SUPERTREND just gives a BUY signal.
3.High traded(8,61,41,236) & delivered Qty. (2,47,44,035) (28.7%) VWAP - 133.86
#technical_analysis #chart_view #education
symmetrical triangle breakoutShould you enter Ashok Leyland at CMP ?
CMP - 132.8
TARGET - 158-160
STOP LOSS - 116-120
Ashok LeylandThe stock has beautiful set up for both long and short trade. The chart clearly indicate that stock trying hard to give break multiyear resistance.
In day time frame it look like breakout but if you analyse in multiple time frame of 2hrs and 15min, the stock rejected at level of Rs.138 i.e. resistance level.
There is spark in volume and RSI in positive but it may be a trap, next few session will provide a clear picture of stock direction.
Keep a close watch, trade after analysis in multiple time frame as stock is candidate of both long (Target Rs.152) and short trade (Target Rs.120).
!!Learn and trade!!
ASHOKLEY ( range breakout )NSE:ASHOKLEY
let see the price action = range going to break out ... let wait and see....
it is my own analysis .
Let tell you opinion about this stock IN COMMENT.
CMP=132.80
1 TARGET= 150
2 TARGET= 165
Ashok Leyland is ready to give breakoutAshok Leyland is ready to give breakout
keep in radar and go for it, if it breaks 140 level with good volume
ASHOKLEY #ASHOKLEY (D):- 132.8 CMP, Looks good for more upsides :)
1) Breakout Done :)
2) Volume Breakout
Ashok Leyland - Cup and Handle BOStock has formed Cup and handle on weekly.
DAily candle close above 139 can bring upside till 152, 168
Ashok Leyland 1 Day time frameChart is showing possible breakout or breakdown of triangle pattern in 1 day time frame.
Swing Trade - Long Opportunity Ashok LeylandCup and Handle Pattern on weekly chart
Long Consolidation
CMP - 132
Target - 150 / 165
SL - 120
Metals and Auto sector are showing good bullish momentum
Ashok leyland gave breakout from 7 months consolidationHey folks!
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Ashok leyland gave a breakout today.
On tickertape ..this company is 76% forecasted by experts
Mutual fund holdings have been increased in the previous month.
Thanks!
ASHOKLEY with Doji day pattern & 1Hr swing low supportsDay pattern is doji with trending monthly cpr & supports in 1hour candle with rsi lower lows strength increasing.
1:3 RR
Go always with self-evaluation & Measure the Risk .Avoid FOMO
Ashok LeylandOn 18 May Closed above the resistence zone. Now we can see a big move post the Earnings Result.
Buy at 124
SL 108
Target 140+
Ashok Leyland 1DAshok Leyland gave a good breakout after the company announces it investment plan in electric vehicles. Add it to your watchlist and wait for retest to get an entry opportunity.
Ashok leyland breakout on daily chart.Ashok leyland stock consolidated last four months.
Now breakout on daily chart with high volume.
Stock moves to all time high.
Given weekly Trendline breakoutThe stock has broken the weekly trendline and a closing above 139 (140 safer) can take it to 152 levels.
Triangle patternFormation of triangle pattern in Ashok Leyland
As the previous trend is bullish i am not interested if it breaks the lower trendline
If the stock breaks the upper trendline i am going long
THANK YOU 😊
Come on bears! The opportunity camePrice has Broken important Resistance.
You can see the volume in the chart and see how fast the price goes upward,
113.90 : At this point the price may reverse because This cost is an important retracement which is 61.8%.
This line will try again as support when the price retreats.
