Ashok Leyland BullishSupport and resistance zone mark.
after consolidation break occur above 132 than 135-138 can be seen
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ASHOKLEY trade ideas
ASHOK Leylandshort term trade
tgt 1 ---- 151
tgt 2 ---- 159
sl 120
risk 11 points
reward 20 -28 points
Ashok Leyland :: Cup and handle PatternNote: This analysis is for educational purpose.
A cup and handle pattern is formed in Ashok Leyland and moving above all moving averages.
Ashok Leyland Fresh TrendAshok Leyland was trapped in a very narrow range from 110 to 117 after a short uptrend and last month it gave a breakout with over 6.5% rise and it is presently trading along with a trendline to respect, targets and stop loss are mentioned in the chart.
ASHOKLEY for longASHOKLEY breakout in range bound movements (rectangular box breakout) & wage pattern breakout can be seen in the chart......soon next targets is 138.......please consult your financial advisor before taking any trades....this only for learning purpose
Ashokley long 1110 days inverted cup and handle formation.
Good to buy above 140 for bigger targets.
Good to buy above 130 for smaller targets. (Also, showing small inverted cup and handle)
Trade advice Patil ma'am.
Only for educational purposes.
.
Learned technical analysis at Patil share market institute Aurangabad, Maharashtra.
Ashok leyland: Targeting profits of Rs 10Hello Traders,
Warm Greetings! With CCI jumping over 70 and CCI above 253, Ashok Leyland appears super bullish. If the 2 hourly candles close above 132, in the next 2 sessions, then the positions can be entered. between 132-133, for a week-2 week target level of 144, with SL of 124.
* Buy at 133
* Profit at 144
* SL at 124
ASHOK LEYLAND- Stock is trading in Head and Shoulders pattern
-Stock break and sustain above 135 Next level to watch 152/166 levels
-Support is near 119 level on chart
Ashok layBased on price action its goin to break out. If it's breaks 130 it may go upto 150. we take long with stop loss at 120.
Ashok Leyland chart analysisAshok Leyland
cmp 128
Buy btw 119-124, SL 104
Target 139 - 163
Down trend channel breakout
Rounding bottom
RSi abov 60, MACD +ve
Prepared by Vivek Kolte
Lakshy Assets Service
BUY ASHOKLEYLANDBuy at current price Rs.128.40 target is Rs.160 within 2 to 3months.Stoploss is Rs.103 (BREAKOUT STOCK)
Watchout for trendline breakoutThe stock looks good positionally above 130 level for targets of 134, 139 and 145
ASHOKLEY BULLISH FLAGASHOKLEY BULLISH FLAG PATTERN
Buy Above - 130
TG - 170
CBSL - 105
R:R - 1 : 1.5
* IF DOWN THEN ADD MORE... *
Note : Trade with your own Risk...
Inverted HNS-ASHOKAshokleyland formed Inverted HNS or 3 bottoms & Retested.
Target-136,152,168.
SL-107
Suggestions are welcome.
Update : Long Ashok LeylandNSE:ASHOKLEY
Today, once again the stock respected the fibonacci level and closed above the level mentioned.
First target of Rs. 129 has been achieved as per closing.
Next Resistance would be Rs. 135 and then 52 Week high of around Rs. 139.
#ASHOKLEY CMP 128.40 #Target 157(20%+) #MARUTI #TATAMOTORS #ITC#ASHOKLEY
NSE: ASHOKLEY
CMP 128.40
Target 1: 139
Target 2: 157
SL 120
RR Ratio > 3
Time Frame < 45D
CAN HOLD ABOVE 157 for 170 target! Book part profits!
Factors:
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
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With 💚 from Rachit Sethia
