Just Buy Above 118 and Wait for Targets. Small SL is for aggressive Trades. While the larger SL is for Positional Holders.
NSE:ASHOKA Cup and Handle formation in ASHOKA Buy Above 120 Target - 160 SL - 100
the stock near its resistance and can be brought above 118 f0r 30-40 % gainss!!
Stock Selection for swing trading for this week. All stock and their logic of selection is explained.
Good to Go Long Wave Y Pending Inverse H&S Go long with Proper Position Sizing
Ashoka has been trading in a tight range since last 6 months. Now ready to break out. Big upside momentum expected on breakout seeing the price structure. ASHOKA Buy-Above 119 Add More At 105 Sl-90 Target- 170 200 A new ATH -240
BUY GUIDANCE: Never buy before 3PM (for positional trading). I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis) SELL...
Please do your analysis, before investing. Correct me if my perception is wrong
If it breaks resistance this time it'll shoot up to 170 + , as you can see Hugh increase in volume and good triangle formation
Details mentioned on chart. Thanks Piyush Gupta Learn & Earn
Great volumes, price has resisted for the fourth time, buyers kept accumulating, time to buy, stop can be placed at 107 or 93 to be sure/safe. Target is open,,,
Can a breakout coming monday, once starts trading above 120 it can move 10% plus. move can be fast.
swing trade setup in ASHOKA, forming Ascending triangle possibility of getting big target.
Ashoka on the verge of a breakout supported with good volumes. Any further move from current level can take the stock to new heights
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. 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.
All trade ideas provided are the opinions of the publisher and should not in any way be considered as financial advice. Please do your own research and consult your advisor before investing in stock markets.
Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
Reasons and indicators to buy: -RSI Above 60 -MACD Crossover -Higher volume than the past 5 trading sessions