clear indication of up trend . Chart pattern shows up trend.
positive growth of 30 % is observed since march 2020 , try to hold it for long term at least for 2020 december.
Disclaimer note: only for study and analysis purpose.
ASHOKLEY trade ideas
4h chart watch for pullback for 58 levels for buying opportunity4h chart watch for pullback for 58 levels for buying opportunity
only for educational purpose only
tgt 58 if pullback
Ashok Leyland Buy when a bullish reversal bar is formed post interaction with red trend line.
Price Levels:
Buy~47
Sell~61
AshokLeyland: 50DMA CrossoverThe stock is on an uptrend after the swing low getting rejections from 50DMA on 3 occasions now.
If tomorrow's bullish trend continues, expect it to give good breakout above the 50DMA
Go Long above 50.3 for 51, 52, 53 with SL at 50
look at ashok leylandBullish is coming soon
how is it?
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Ashok Leyland Triangle Formation | Breakout DownSideAshok Leyland Triangle Formation | Breakout DownSide
#AshokLeyland on a Daily TF in a dangerous zoneAshok Leyland chart clearly shows weakness and on the verge of a breakdown. If it does not find support on Monday (closing above 51) then 46/45 levels can be seen, Vehicle scrappage policy announcement could give a breather. Q1FY21 on August 12 but wont be that fancy due to Covid-19 lock down period.
AshokleyTriangle breakout indicates bearishness in Asholey, which could take the price down to 40 levels
Ashok Leyland Expiry Trend !TREND ANALYSIS & TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
June Series Option can be tried.
Wait for entry setup, if available then Long/short.
Reward is 7-8 Times
Ashok Leyland Another Entry !TREND ANALYSIS & TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
June Series Option can be tried.
Wait for entry setup, if available then Long/short.
Reward is 7-8 Times
Ashokleyland - Go LongStock is sitting on VWAP making doji highways after initial upswing.
Very good volumes on sell side make it an attractive buy.
Buy at CMP for 52.6, 53.5, 55 with SL at 51
AshokleyIt will move between the given channel if market is not fall. The open interest is in August is going to build up at 50 and then 60. If market will give support, then open interest is going to shift up side i.e at 65.
Ashok Leyland - Inside Bar TradeThe stock has been range bound. The last two sessions particularly have seen it reverse between the levels marked.
So this sub-range breakout may be on the cards (or not).
The stock has taken support from the trend line since March & the trend line support is at 50.5.
The Fib retracement levels are drawn on chart - for detailed analysis of it, please see the linked Ashok Leyland Fib levels idea.
Positional Trades:
Go long above 52.6 for 53.5, 54, 55, 56 & 58 with SL at 51 for intra-day trade & 50 for those taking July expiry positions. (Adjust for futures' prices).
Shoring trades will only be attractive with the trend line breach below 50 on the hourly chart to open targets till 48 if not lower.
AshokLeylandAshokLeyland finding support at the bottom of the trend line several times
Keeping the bottom of trend line as support...
it can shoot up...
Keep it in watchlist ...
Just a view!!!
Analysis on ASHOKLEYLANDOn demand of people I shared my view on this beautiful price structure
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Cheaper than 1kg tomatoes!This fundamental company is cheaper than 1 kg tomatoes.
Buy it as it looks good.
One can also hold it as an investment.
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