ASHOKA BUY ABOVE 89 SWING TRADEIT HAS BEEN TRADING AT 30 RSI FOR QUITE LONG.
THE PRICE IS NOW AT IMPORTANT RESISTANCE LEVELS FROM DIFFERENT TRENDS, IF IT SUSTAINS THESE LEVELS IT CAN GIVE RETURNS UPTO 30% IN A MONTH
ASHOKA trade ideas
TGT : 101 (18% ) / 114 (23%)Why Buy :
1 - Near Daily Support of 82
2 - Near 200 SMA of 81.5
Financials :
PE of 8 , PEG less than 1 and Sales growth of 15%
* Keep buying until 78 ( weekly Support )
I have bought 500sh @ 83.5. Plan to add atleast 5000Shs.
Target :
1 : 101 ( 18%)
2 : 114 ( 23%)
ASHOKANote:
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 opens, the condition might change so learn to handle different conditions...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading
Lecture-1 " Basics of stock market"This is the first lecture of the series basics of the stock market. In this class, I will talk about a few candlestick patterns.
BONUS DAILY SWING CALL // Tuesday 16th of February 2021 / ASHOKABONUS DAILY SWING CALL // Tuesday 16th of February 2021 / NSE:ASHOKA
// This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade //
CMP / LTP: 109.00
TARGET: 125+ (15% Around)
STOP LOSS: 98 (10% Max)
Standard Notes:
- Please follow the Stop Loss strictly and preferably on a daily closing basis.
- Recommended Profit Booking / Exit is on +12-15% & If you still want to hold the stock, trail the SL once this target is achieved.
- Duration: 15-20 Trading Days is suggested for all my trades and is an indicative period.
- If SL / Target are not triggered and you still wish to hold the trade, this can be done as long as SL is followed or trailed.
Disclosure: I may or may not have a position in this trade.
Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks.
ASHOKAThe stock is under tight consolidation after reaching high point of 105. It can be bought near 98 levels. SL can be kept at 92
Ashoka Buildcon -Retesting levels Ashoka buildcon on its support on both timeframes (weekly ,daily).good Risk reward ratio .SL will be around 84 and target 1 would be around
105.
It is on its support on daily timeframe (in channel pattern)
and also on weekly time frame it is on great support refer chart.
ASHOKA BUILDCONPrice crosses a stiff Resistance junction.
#Breakout from #ParallelChannel
#Ridethetrend
Ashoka BuildconAshoka buildcon broken the descending trendline on a weekly timeframe. If it stays above the 90 then it has the potential to move towards 120-150 levels.
TGT 65 / 721 - Low bollin and Support - 59
2 - Good buy around 59 if + candle created around support
Short term buy in Ashoka Buildconthe stock broke out of a 3 month consolidation between 50-70 a few days back. it proceeded to pull back and is now showing strength again
One could enter long at CMP with a DCB stoploss of 64 for possible targets of 80 (recent high) and 90 (medium term high)
Seems Bullish with Volumes at breakout levels!!! Analysed levels mentioned on chart!!
Regards @MrAkshatP
Short Term Idea -Ashok BuildconOnly Educational Purpose. Invest at your risk.
- Clearly trying to breakout from the resistance zone
- once it breaks out as shown in the resistance zone, buy for short term and exit at 101-105 zones.
