Ashok building , bullish view, pullback/retracement, weekly volume growing, price increasing, trending upside for 10 to 15 percent. Good RR
Moving Inside a Triangle Pattern ASHOKA Buy above 83 SL below 76 Targets: 86, 88, 90, 92, 95 + ***Educational Purpose only ***
ASHOKA BUILDCON | SWING TRADE | BULLISH MOMENTUM 1.Triangle Breakout 2.Volume Breakout 3.Bullish Momenum
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Ashoka buildcon moved out of 1 consolidation phase gave powerfull breakout yesterday might face a small resistance near 91 levels once cross and sustain will fly higher Entry at 86 , can head towards 110 - 125 once hit , will upgrade target keep sl 74
Please wait for breakout in monthly time frame and trade accordingly. PS: Do your own research Drop in your doubts in the comments section Thank you.
#BREAKOUTSTOCKS - ASHOKA - BO at the major support - Retested with Dried up volume followed by a strong Rejection candle - Big Volume on BO and rejection - Bullish RSI on D tf - Trading above all major EMAs
BUY - ASHOKA BUILDCON LTD CMP - Rs. 74 Target - 1: Rs. 82 Target - 2: Rs. 92 Target - 3: Rs. 105 . . . Technicals - Bullish Snorm Harmonic Pattern . . Follow me for more!
Go Long above 87.3 for Targets of 97.1, 106.9, and 116.7 with SL 77.5 Reasons to go Long : 1. On a Weekly timeframe if we draw the Fibonacci retracement tool from the recent swing low (point A) to the recent swing high (point B) then we see stock took support from 0.618 Fibonacci level. 2. In addition to this a bullish candlestick pattern Bullish Engulfing...
Potential to shoot up to given target above the trend lines. Fundamentals also support the prediction.
Looking strong and expect good up-move. Today being weekly/monthly expiry may get chance to enter at lower levels. CMP -89 Target - 95/105 SL - 82 Study the stock & Trade Responsibly.
Buy Ashoka buildcon for target of 118, 300 plus these are long term targets High ROCE and low PE stock
On a daily chart ASHOKABUILDCON has broken the trend line and now its retesting the breakout line. If it closes above the red line ~95 (which is historically a strong resistance on weekly timeframe) we can expect a good move of upto 10% on the upside and the target can be kept if it touches the green line somewhere around 110 (but it can move beyond that as well...
Buy Ashoka Buildcon on support process. Risk to reward is very favorable. 1:5 risk to reward.
The stock being consolidated for long time looks bullish as company has also booked some good deals
Fib Retracement 100% - 125 (52 week high) Now perfect support 0% - 96.50 Once closing above 50%- 111.40( strong buy) Fib Retracement 1.618 - New target 142.60 Avwap - below 90 or 89 (stop loss)
One way to trade using an ascending triangle is to enter once the resistance level has been broken and the price starts to move to the upside. You can place the stop loss below the upwards sloping side of the triangle pattern and measure the profit target by taking the height of the back of the ascending triangle and extending that distance up from the trend line...
Key levels to watch is 108, breakout beyond which will add momentum to the scrip. 113, 117 and 125 are short to medium term levels to keep a watch. On daily chart, the price is sustaining above 20 EMA. Always keep a stoploss.