Watch for these levels for more upmoveThe stock has been performing well for last couple of months. Look out for resiatance breakout above 77 and Trendline BO above 80.1
ASHOKLEY trade ideas
Ashokleyland hold tight hold for long term, as automobile industry shares are available at lower price now. try to grab at dips.
fresh buy at 69, 70, 71 levels.
Disclaimer note: ONly for study purpose, invest at your own risk.
ASHOKLEY short I hope you can now see how Ashokley represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Thank You
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
ASHOKLEY : Trade SetupNSE:ASHOKLEY
Hi Traders,
ASHOKLEY bounced back from its support zone as well as break its resistance zone easily. If it break last trading day high then it can hit 82 level. If it break 84 level then remaining target can be hit.
Entry and target level on chart.
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* This analysis is educational/learning purpose only.
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ASHOKLEY NEAR WEEKLY RESISTANCEstock price reached it's weekly resistance zone and last week rejected from that zone showing some weakness, bullish view only above that resistance zone so keep this stock on your radar and find best trade for your self.
ASHOK LEYLAND CHART ANALYSISTHIS CHART GIVES YOU KNOWLEDGE ABOUT ASHOK LEYLAND CHART ANALYSIS WITH SUPPORT AND RESISTANCE
ASHOKLEY - WEEKLY CHART VIEW!!#ASHOKLEY
Ashok Leyland Ltd. has strong support at 66-67.
RSI has just dipped below 50.
If 66 is protected, stock can bounce from here, however if stock sustains below 65, it can fall towards 52,(61.8% pull back of bull run from march's low)
ASHOKLEYLAND ON UPSIDE RANGE FOR SHORT TERMAshokleyland has made a crossover its Resistance Zone and moving forward.
Ashokleyland--Short Term Long View
expecting continuos bull range
after Retracement @65 THEN RISE
Key Support or Stops @65 levels
Upside 80-85 Range expect
10-15 Trading Days Time Frame
{VIEWS ARE ONLY FOR EDUCATION PURPOSE.}
ASHOKLEY short I hope you can now see how Ashokley represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
Ashokley Intra day opportunityA very good intrady opportunity is seen in Ashokley.
Although it is near a major resistance level, I think it can move till 84-86 levels before making a pullback rally.
As mentioned in the chart stock is oversold in the 15 min time frame and it is taking very good support of the 50 days EMA historically.
So I am bullish on the Ashokley for monday. But as I mentioned this is near a very major supply and demand zone. So be cautious.
ASHOKLEY-creating divergenceLast trade day AHOK LEYLAND stock is going upward direction, but RSI and MACD indicator is going downward side. So there would be short selling opportunity over there.
[Buddha] ASHOKLEY Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
Trendline Pattern -- Ashok LeylandMISSSED!!! Already missed 5% increase.
Raise in volume past two days, made break out from its resistance. Nearing it's 52 week high. Increase in MF last quarters. May see some short term upside move.
ASHOKLEY short I hope you can now see how Ashokley represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
ASHOK LEYLAND - POSITIONAL LONGAshok Leyland has come out of downtrend. Stock is looking good for 86-118.. Weekly CBSL 59
Ashok Leyland is in uptrendStock is trying to test 70 levels again. Go long above 68.8 after it breaks the triangle pattern
Flag pattern - wait for the break.Price after a big bull ride, breaking from the symmetric triangle and taking support from the channel bottom is in a consolidation phase at present.
Now price is forming a Flag pattern and only thing is we have to enter long after confirming the break. If you are aggressive trader then go long when price takes support from the Flag bottom with minimum stop loss.
