Ashok Leyland inverse pole and flag pattern Sale the stock when breaking the pattern. And break trendline with strong candle...
ASHOKLEY trade ideas
[POSITIONAL] ASHOKLEY LONG BET risk: Reward ratio is 1: 2
Rest as per Charts
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Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
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I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
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Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
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Ashok Leyland Long TermASHOK LEYLAND looks Good on Weekly chart. Trading above 20 & 50 EMA on Weekly Chart. Can be good pick for Long term Position for period 6-8 Months. Add more in Dip.. Target 160
ASHOK LEYLAND: one of the leading player in India CV industry with a 32% market share in the MHCV segment. Demand for the MHCV segment has started to recover over the past few months. The company is ideally placed to capture the growth revival in the CV segment.
ASHOK LAYLAND AUTO SECTOR ASHOK LAYLAND, IF CANDLES SUSTAIN ABOVE 126.05 WE WILL CONSIDER AS SWING TRADE
GIVEN FIRST TRAGET IS 134
Disclaimer:- View shared is for educational purposes only.
ASHOK LEYLAND LONG SWING TRADEAshok leyland long.
educational content
auto sector is going bullish ..
ASHOKLEY pre-market intraday analysis and setup🎇Hello Traders👋
Today i have made a post on ASHOKLEY 15m
I hope you find this post helpful and informative👍
The targets and stoploss would be given in the charts or they would be according to pivot points
Thank You
—DISCLAIMER—
I am not a SEBI registered financial advisor
Please consider your consultant's advise a must , all the setups posted here will be considered as informative and educational post
I shall not be responsible for your profits and losses
Simple Trade Setup | ASHOKLEY | 13-09-2021 or in coming few daysNSE:ASHOKLEY
Observations:
1) On Daily time frame, It has made a bullish candle and broke 21 DMA as well as 125 level with good volume. If it sustain above 125 level then this will start bullish move now.
Please refer below chart : Daily time frame.
2)On 15 Time Frame: It made bullish flag and pole pattern.
Please refer below chart : 15min time frame.
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Trade Setup for Date 13-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Ashok Leyland clear buyAshok Leyland by above 126 sl 123 tgt 134 positional 1-5d
Educational purpose only
Long Idea in ASHOKLEYNSE:ASHOKLEY
Price bounced from a support zone and got into a consolidation in a symmetrical triangle. When price breaks to the upside we can go long.
ASHOKLEY (Trend)-Expecting another move to complete around 126+
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Please do NOT consider these as trade recommendations.
I' am an amateur and posting these charts helps me understand the market better.
I' am open for suggestions/advice.
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Ashokley CMP 121.70 Tgt 145, SL 108This is weekly chart of ashok leyland CMP 121.70, If you see last weeks candel, a dragonfly doji candelstick was form, it indicate a reversal of a downtrend price and start of an uptrend, wait for this week candelstick formation as a confirmation of bullish trend, if 132.30 resistance level is broken in few weeks then stock can give good rally, This is for a short term.
Bouncing from support || Ashok LeylandA good swing or positional opportunity. Can be bought now for a target of 132-133. CMP-120 and SL will be 113.5 on a closing basis. Safe traders can also keep 109 as SL also because of good fundamentals. Do FOLLOW for regular swing trading ideas.
Ashok Leyland At CmpBuy At cmp
Stop Loss 112.40(CLOSING BASIS)
HEY TRADERS,
THIS PREDICTION IS BASED ON A HARMONIC PATTERN AND THE HARMONIC PATTERN IS 100% ACCURATE AND10000% RISKY BECAUSE IT IS AGAINST THE TREND METHOD...
HOPE YOU ALL FIND SOME VALUE Here...SO, DON'T FORGET TO LIKE AND SHARE THIS POST. DON'T FORGET TO SUBSCRIBE.
COMMENTS WRITE DOWN BELOW OF THIS Chart...
THANK YOU...
~Disclaimer: "I Am Not Sebi Registered Advisor" All views and charts shared in this terminal are purely for knowledge and information purposes only.
ASHOKLEY Trendline Bounce at 200DMAASHOKLEY is bouncing off from its trendline support which and also at 200 day moving average. 121 is a resistance which if crossed would be bullish on the stock. It would make sense to start building long position with full position on daily closing above 121. We can expect a target of 135 which is the previous strong resistance on the stock with 112 as the stop.
ASHOKLEY longNow its Trading at strong Dynamic support,
Good to enter if breaks above small trend line and closes above 122..
ASHOK LEYLAND | 18-20% potential | SL 6-7%The auto sector has seen a decent weakness in recent days, the bottom is near. The stock is also at a support level
Always diversify in diff sectors and do not take a lot of the risk. Comment below if you want me to study any specific stock.
POSITIONAL #KASH_STOCKASHOKLEY. If gives closing below 116 then we can see again 109 level and at that level, we will review again on reversal sign. it may continue the sideway channel. so keep it in your watchlist if manage to sustain the above highlighted red trendline then we can expect it will touch the upper trendline. Keep watch
Go Long with SLReason for Bullish,
Daily CPR moving upward.
Stoch RSI giving buying signal.
RSI also picking up momentum.
And Most importantly if everyones view is on short smart players know how to cut their positions 😀
My tgt for sept month above 130.
SL will be 115.5
