Ashok leyland Cup and Handle Breakout CMP 76.3 Buy for Target Ashok leyland Cup and Handle Breakout CMP 76.3
Buy for Target 80.5- 84- 90- 95-100- 106- 110 - 117 - 126++
ASHOKLEY trade ideas
ASHOK LEYLAND 16.11.2020BUY 91
TATGET 249
NOTE: ABOVE THIS LEVELS BASED ON MONTHLY CHART TIME FRAME . THIS TARGET MAY TAKE SO MUCH OF LONG TIME SO BE PATIENCE .
IN DAILY CHART ALSO IT SHOWS UP TREND. IT IS TRAVELLING IN TREND LINE. IN CASE IT IS COMEING DOWN MEANS BUY AT THIS LEVELS 74, 65 AND 59 .
Ashok Leyland -Long View - Resistance BreakoutAshok Leyland:
Long now & Add in Dips till 86 with a SL 83
Ashok leyland Ashok leyland given a major level breakout , this is good opportunity for investors ,
we can add this stock for long term at current level or wait for the retracement at 84/87 ,
we can see a good upside levels around 111 / 123 within next six months ,
i will post trading ideas/opportunities , better entry and small stop losses ,
consult with your financial advisor before any investment
Entered Major Support ZoneAfter Breakout & Retesting of the ABCD PATTERN; price has entered it's MAJOR SUPPORT ZONE & taking support here.
If it breaks the next short term resistance of 90, expect 100+ levels. 🚀🚀🚀
Next Move I am looking this will high likely end its Trend as per forecast , its an cluster where i am looking for end of Trend , one can book their holdings at or near the cluster
using trailing exit method
it does not mean its a short sell , Lots of time i get Questions about asking to go for short sell , No its not ,
it has possibility of extension also , that is the reason you have to trail the stop and watch what happens at that cluster ,
Good luck
Watchout for trendline breakout with cup and handle formationThe stock is making a cup and handle and closed next to it's trendline. Looks good above 84.6 level
ASHOKLEY - FLAG & POLE PATTERNA flag & pole pattern is a clear cut indication of consolidation followed by a breakout. A BIG BREAKOUT...........
Note:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a recommendation and is for educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
The above mentioned idea may not work, so beware of the risk you are taking
Follow me to Learn and Earn with me.
Happy Trading!!
ASHOKLEN LONGENTRY IF BRECKOUT ABOVE 84 WITH GOOD VOLUME
RESISTANCE AT 88
ACCUMLATION ZONE 73-60(ALSO FIBBONACI SUPPORT)
ABOVE ALL IMPORTANT MOVING AVERAGE
Intraday / Swing / Short term pick: Looks good for 110/132 in 3 Intraday / Swing / Short term pick: Looks good for 110/132 in 3 to 6 months:
Looking at how price is behaving it can touch 110 130 in few months. Good entry was around or above 58 but NOW ONE CAN enter above 86 on daily closing with confirmation. SL would be 76.
For intraday enter above or between 84-85 for the target of 95/100 with SL of 82
Note: I am not a SEBI register and view is only for educational purpose as well as personal, always consult your financial advisor before investing or trading.
Ashok LeylandIts at a crucial support and has made a traced back and now may show a uptrend...seek guidance from seniors
Sym triangleas the volume is decreasing . Bulls are not interested to take the stock up so chances are there this will fall or brake out down....
only for study purpose
Ashok Leyland Long for 3% returnHAD BEEN MAKING AN UPWARD TREND IN OCTOBER AND IS AT THE LOW OR THE TREND.
HUGE TARGET WITH A SMALL STOP LOSS.
