ASHOK LEYLAND NSE:​ASHOKLEY

Ashok Leyland is one of the well-known Auto Companies India & is Fundamentally Strong Entry : 75<+>85 Range Stoploss : Considering Long Term SL will be at Own discretion Basic Target: 110 if you have any queries regarding above idea or any other stock feel free to D'M On Holi We launched TruStox Community a Community driven platform for Traders with...

Trade confirmation using RSI bearish Divergence in lower timeframe.

Confirmed with RSI bearish DIvergence.

...levels mentioned in charts...

practice trade

Ashok Leyland has formed double bottom and showing signs of reversal. It has a reasonable PF catching the price frequencies and is available on the LML offering a good entry. It has formed a double bottom with divergence on MACD which is quite reliable setup. Heiken Ashi has turned to Green also. One can buy the stock with the following details Entry current Price...

Every thing explained in chart. This is just my view..... trade according to your risk management.

Target 96.5 SL 85.5 RR 1 : 1.3

it should reach 100 and above to complete the structure. stoploss 76 target 100-104

ASHOKLEY neckline

Selling future , next support 71

Levels are on the chart

yellow lines are the targets , on which u can book profits

Buy on the break of Last higher high with a stop loss at last lower low . Long if it breaks 95.50 with a stop loss at 92 In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.

Triangle pattern in one hour time frame. both senarios ( long & short ) explained on chart.

5th wave of the bearish cycle should commence from the current level. Probably a low risk entry point.

Looking Bullish Till 110 buy with CMP and hold

Keep Watch Ashok Leyland ..good for long side