breakout stocksAfter huge success of previous stocks , ashoka buildcoin breakout at weekly chart and is also forming bullish candle on weekly chart so it should be buy for the target of 250 , buy now risk reward is also favourable
ASHOKA trade ideas
Ashoka Buildcon Limited - Long Setup, Move is ON...#ASHOKA trading above Resistance of 162
Next Resistance is at 196
Support is at 116
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
ASHOKA IS ATTEMPTING BREAKOUT FROM 6-YEAR CONSOLIDATIONASHOKA is attempting to break out from over 6-year consolidation. Pl. check attached chart (Monthly scale). Its annual relative performance to CNX 500 has been +ve and rising since July 2023. Volumes have been significantly spiking towards the right edge of the chart since the beginning of rally in June 2023, & its momentum (RSI) has been travelling in the bull zone, above 60. Fundamentally, sales have been rising over the last 8 quarters and EPS is good. If the stock trades and sustains above 200, it can see some significant rally in the coming days.
No recommendation. Only personal analysis. Please consult your financial advisor for any decision regarding investment / trading.
ASSHOKA - 6yrs Rounding Bottom Pattern (Risky)ASHOKA has formed beautiful rounding bottom pattern & is currently testing its resistance zone at 190-195.
A weekly closing today above 192 will trigger this.
Stop loss for this is around 170
Targets around 220, 250.
Thanks
Piyush Gupta
Learn & Earn
Ashoka Breakout with good volumeOnly Education Purpose...
Strong Bullish Candle with good volume... Expecting unto near resistance,..
ASHOK buildcon trade as per the supply and demand zone.
check volume support.
profit booking and new buyers can be seen simultaneously. observe the chart carefully and plan the trade.
Ashoka next target?What will be Ashoka buildcon next target?
CMP:- 180
Company got a new project
Fundamentals are good
Technicals are good
Keep this stock in your watchlist
An do your research before investing.
StockStock at moment
Intact on Target 🎯
No recommendation for buy and sell
Fundamental also good stock
Huge potential to go up
FII's Increasing Stake In Ashoka Buildcon -Technically Strong-FII's Increasing Stake In Ashoka Buildcon -Technically Strong
-broke resistance with very high volume
-retest done now consolidating
-inside candle pattern
-strong support from 50 EMA Lower trendline
-keep in radar it can give good profit in short term
Weekly breakout !!!ASHOKA given breakout in weekly TF.
If its sustained above 155 level in this week, It can move upto 195 level.
Volume also good.
ASHOKA#Watchlist
#ASHOKA(M): Looking good for a 190/250 target, with a stop loss of 120 WCB (CMP 165.80).
#Disclaimer:-View shared it for educational purposes only.
Triangle pattern Ashoka Buildcon Ltd is engaged in the business of construction and infrastructure facilities on EPC and BOT basis. It is also involved in the sale of RMC (ready mix concrete)
Infrastructure stocks are focused
India have massive spending on infrastructure from India govt so
Well under value and prestigious company must acquire at low level to get feature gains
#ASHOKA ready to build the empire 🚀🔥#ASHOKA BUILDCON Ltd about to fly ✈️
CMP 161.8
Triangle #breakout in DTF&WTF
Narrow Inside monthly CPR
Volume buildup
#Gold #nifty #multibagger #Crude #Crypto
Triple Top Resistance Breakout - ASHOKAPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1%-2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please note that, if there are some big targets, those are drawn thinking for long term.
Strong Breakout in ASHOKA BUILDCONAscending Triangle Breakout
RSI above 70 and rising
Trading above EMA50
Volume spurt
Ashoka Buildcon #ASHOKA is about to fly🏗️ Ashoka Buildcon Ltd has shattered the resistance, paving the way for new heights.
ASHOKA - Ichimoku Breakout📈 Stock Name - Ashoka Buildcon Limited
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 164.
🚨 Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market.
#CloudTrading
#IchimokuCloud
#IchimokuFollowers
#Ichimokuexpert
Excited about this analysis? Share your thoughts in the comments below!
👍 Like, Share, and Subscribe for daily market insights! 🚀 #StockAnalysis #MarketWatch #TradingEducation
Ashoka Buildcon - Go LongPrice Breakout, Engineering - Turnkey services sector is also bullish.
Time to take risk in Ashoka with 2:4 R:R
Watchout for weekly resistance breakoutThe stock has been consolidating around it's weekly resistance zone.
A day close followed by weekly close above 155 can bring more bullish momentum in this counter.
This is not a BUY/SELL recommendation.
This idea is for EDUCATIONAL purpose only.
Learn & Earn,
Dr. Tanya Kumar
ASHOKA at key resistanceIf the stock manages to surpass the crucial resistance levels between 150 and 155, there is a strong potential for a substantial upward movement in the upcoming days. This breakout could potentially yield a noteworthy 20-30% increase in the stock's value. Investors and traders should closely monitor the price action around these levels, as a decisive move beyond this range could signal a significant shift in market sentiment, opening up opportunities for profitable trades or strategic investment decisions. It's advisable to stay vigilant and responsive to market dynamics to capitalize on the potential gains that may unfold following the breach of the 150-155 levels
