ASCENDING CHANNEL (ASHOKLEY)There's a rejection at support level ,but the nifty is falling so better to wait for the proper confirmation.
ASHOKLEY trade ideas
ASHOK LEY LAND GOOD SHORT CANDIDATEASHOK LEY SPOT CMP 131
BEARISH CYPHER HARMONIC PATTERN FORMATION
PRZ IN RANGE :- 136-140 RANGE
SLZ ZONE :- 144 ON CLOSING BASIS
Counter is forming bearish harmonic pattern formation on weekly time frame,, go to go short in this range of prz,, with stoploss above 144
weekly RSI have made divergence in last to swing peak and on verge to break trend line support,,, counter can give a fall of 10-15-20% in coming time...
Good short candidate..
Ashok Leyland Ashok Leyland has broken short term horizontal resistance and closed above it and is on resistance level of bearish channel + it has given a 50-200 EMA crossover in 15m keep and eye if breaks and go long after breakout
Ashok Leyland looking for a possible up surgeAfter the earnings and a strong resistance turned support, Leyland stock is now looking forward to an up rally. Investors can now long the stock or wait for it to break the newly formed resistance with a strong volume.
ASHOK LEYLAND is all set for a run!!I have marked all the important levels and zones in the chart. Also, the analysis behind the trade is a picture.
Ashok Layland for Swing I am lookin Swing Trade in NSE:ASHOKLEY Buy on CMP and Market will give you good Targets in upcoming Weeks .
ASHOKLEY IN BREARISH # FLAG BREAKOUT keep an eye on Ashok Leyland
this is for educational purpose only
ashok intra hourlyrecovery in ashok in intra expecting 130 133 trgts, positional good to add near 121
Ashok Leyland Indraday analysis Entry : 135.60
Stop Loss : 134.25
Target : 137 / 138.30
The analysis is based on simple price action only. Entry point given are valid if the resistance / support breaks convincingly. For that learning candlesticks psychology is a must one.
Note : Don't jump in to the trade once market reach the entry level, most of the time will get better entry and that gives better reward. And always trial stop loss to take full target..
Hey Look! A Beautiful Triangle Formed HereHello everyone,
I have been closly monitoring Ashokley since last couple of days and I found this pattern is being formed now as it has consolidated for so much time and has a potential to break tomorrow or next week i would like to request evryone to add this to their watchlist if they want!
-Rv The Trader
retest donestoploss of 120 with tgt of 152 can be traded also look for your risk, consult advisor. can reach life high after 152. life high is 162
buy Ashok Leyland buy Ashok Leyland above 136 Stoploss 134 Target 138
Study: Bullish Pennant Pattern
Looking bullish on 1hr structure**this is purely for educational purpose**do it at your own risk**
1. Trending stock
2. good structure on 1hr TF
3. good amount of volume
4. a nice pullback
5. if RSI is not breaking 40 on 1hr TF level and price 128/130
6. if it’s a gap down and trend continues down, 125 should be the target on short side
Long:
Entry:130/125 (if gaped down)
Exit:
T1 - 133.5/130 (if gaped down)
T2 - 136.5
T3 - 137-140
SL: 128.5/123.6 (if 125 entry)
Short:
Entry: 128/9
Exit: 125 Long:
SL: 131.50
Long RR: 2-4
Short RR: 1.59 (not great one)
Ashok leyland from 22 jan 2021good up move expected due to good candle formations ---> green candle with good volume
long position (buy)2nd largest big vehicle makers!
short term target 140,150
long term target 170,200 ++++
bullish on ashokleylandTGT 163 within 10 trading session,created double top and touching previous high.
