ASHOK LEYLAND NSE:​ASHOKLEY

There have been three drives to a bottom in Ashok Leyland over the past six months. July, October and November 2018. All the three drives down have been accompanied by higher volumes. But the support at 105 has held firm. On the chart two things are notable- first, the drive down in November was with a gap and an ominous looking long body bearish candle. It would ...

Buy with aforesaid stop loss.

My review is not changed for this scrip and will not change , what i am looking on daily chart is its long drained out complex B wave pattern , and drop to 96 and turn on daily i will be looking to enter for next leg up move til 120

POSITIONAL SHORT ASHOK LEYLAND JAN FUT SHORT@94 STOP@100 TARGET@84 LOT:4000 QTY:1

with notable high volume in Right Shoulder and descending higher low and lower high. AL can break down to 85 -80 in coming 3-4 months.

ASHOKLEY is Bullish For 3-4 Days From Now. . . Its in some sort of WXY Double zigzag. . .

ASHOKLEY neckline

If downtrend line broke in coming days we can see short else we have bull dance for long time...

Ashok Leyland is following a channel pattern and I saw curve formation too, let me know your thoughts! Happy Trading :)

Short after pullback.. refer to chart NOte: this is my personal view only

This is correction of previous up move, probably stock may find support at predicted levels.

ASHOKLEY (Ashok Leyland Ltd) #BUY ABOVE 96.5

The Fifth Wave Of The Ending Diagonal Closes Around 90.45 To 88.85 Completing The Last C Wave Of The Correction

ALL THINGS ARE MENTIONED ON CHARTS.

targets -> 96,98 sl: 90

Short 93 Tg 86/73/61 SL 103

06 jan 19

Ashok leyland 06 jan 2019