ASHOKLEY trade ideas
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.
ashok leyland outside dayashok leyland looks good on upside after consecutive 3 days close with in one red candle making higher highs, today its forming outside day and given the breakout of yestardays high.
[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.
Soon going to start its upward journey.Auto sector is performing as of now. AshokLeyland has broken its long term downtrend line.
ASHOK LEYLAND LEYLAND BULLISH Ashok Leyland potential to breakout from flag pattern, may have good move to 76-80 level
ASHOK LEYLAND [Positional]Go long for the targets of (74-75) / (80-82) / (89-91) with the support of (62-63)
intraday about to make head and shoulder pattern17aug wait for conformation if then 3 to 5 short sell it.
