long Ashok LeylandGood volume
At confluence of
Avwap
50 EMA
50% Fib rejection
Trendline support
positive reversal
ASHOKLEY trade ideas
Ashok leyland | HEAD & SHOULDER PATTERN | GO SHORTHead & shoulder pattern formation with RSI divergence. Short below 120 when 1 hr candle closses below it.
Target - 109, 101
SL - 127
Ashoka LeylandGo with the Nifty Trend. If nifty moves up Buy around 17-109 for a good return in 1 month
Buy Ashok leylandBuy Ashok Leyland @ 114.5 For the first target of 122 can sell half quantity with the SL of 107 , if we got another BO then 2nd target is 130 . RSI forming +ve divergences.
This is for your educational ideas only.
started to move upwards after crossing 2 support linesAshok Leyland started to move upwards after crossing 2 support lines. Expecting a high rise. Based on news from Auto industries this stock has a very bullish future.
[Bounce] Ashok Leyland Short IdeaRefer the chart.
If it gaps up, wait for gap fill.
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 at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy 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. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. Please refer to the link to my footer and explore further if You want.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
I also do my trades live, Please refer to the link to my footer if you want to tail me.
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lets test the 50EMA on Daily Chart50EMA acts as a support from august , this time its break?? or any up movement pending? only for learning purpose.
Ashok Leyland - Longgoing long on Ashokley with 155 targets as TRGT 1. (this is for educational purpose only)
ASHOK LEYLAND Above 134chart cosolidated for more than 1 month after hitting 52 week high of 138, let it cross 134 with volume to initiate fresh entry .
ASHOKLEYNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
Ashok Leyland flag patternRecently Ashok Leyland breakout flag pattern, the next close target will be 137
ashokleyland ready to bullish againreasons to buy ashok leyland
1.its trending in a channel
2. now support at channel line
3 .made morning star at support
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