Channel Breakout NSE:ASHOKA
Ashoka Buildcon, flag pattern BO on the cards, turning around from long-term (monthly) support level of 96, currently near resistance level around 101, next mega resistance at 115. There is news in favor too.
ASHOKA trade ideas
ASHOKBUILDCON levels ...23/08/2021 (D candle)ASHOKBUILDCON forming buy pattern...SL is very low & its possible to reach 115-125
ASHOKA BUILDCON GREAT POTENTIAL UPSIDE DISCLAIMER: All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. Kindly consult your licensed financial advisor before making any and all investment decisions. I am not a SEBI registered financial advisor. By Viewing any material or using the information provided by me, you agree that this is general education material and you will not hold any person or entity responsible for loss or damages resulting from the content or general advice provided here.
ASHOKA BUILDCON LONGASHOKA BUILDCON
1)Higher Highs and Higher Lows Formation
2)Resistance zone tested multiple times hence has become weak
3)Retraced back from earlier support as well as trendline
Keep watch on this stock when nearing breakout range go long if breakout with good volumes.
cup & handleDISCLAIMER: All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. Kindly consult your licensed financial advisor before making any and all investment decisions. I am not a SEBI registered financial advisor. By Viewing any material or using the information provided by me, you agree that this is general education material and you will not hold any person or entity responsible for loss or damages resulting from the content or general advice provided here.
Stock Analysis of Ashoka BuildconPrice - 108 Dt. - 19.07.2021
The stock took support at the horizontal line as well the 21DEMA. Today stock made bullish inverted hammer on a daily chart and it suggests that falling might stop and the stock starts moving up.
This is the second time stock failed to break the resistance line placed at 116.70 levels. The first stock had tried in Feb of this year. We are expecting the stock to break the resistance line this time. RSI is neutral.
If stocks open in green then it would be the buy signal.
Ashoka Buildcon near Cup and Handle breakoutAshoka Buildcon near Cup and Handle breakout, go long once price closes above 120 with supporting high volume bar
Ashoka Buildcon BullishStock is forming Inverse head and shoulder pattern with support at 88 levels. after Bo, can show 116/130/150 levels.
Stock is trading above all moving average.
results for 4Q FY 21 were ahead of expectations.
PS: please consult with financial advisor before investing.
ASHOKA - possible breakout for longIt is looking good in chart. Volumes are growing. Above 121 will be good.
Ashoka Buildcon on the verge of A BreakoutAshoka Buildcon has been moving in a Long Term Triangle Pattern and has been having very good volumes lately and is on the verge of a breakout.
On Breakout can give targets of
T1-119.45
T2-137.95
T3-153.95
Keep on your radar.
ASHOKA BUILDCON - LONG( Real Estate)analysis is present on the chart
fundamentally business is looking really goood .
goood luck
Watchout for Resistance breakoutThe stock looks good above 104 level positionally for a target of 116
Ashoka Buildcon Ltd - 11.06.2021Ashoka Buildcon Ltd - 11.06.2021
The stock has made a high of 101.85 during the week
there is a macd bearish divergence in daily chart
let the prices go below 96.20 for the levels of 91-92
RISK Takers can initiate a buy position with a sl 97.50
watch out
