ASHOKLEY trade ideas
ASHOKLEY Descending Channel BO done with nice VolumeAshokLeyland Descending Channel Breakout done with very nice volume build-up
Swing Trade Buy @ 120 SL 110 TGT 140-150
Given Trendline BOThe stock has given a trendline BO and looks good positionally - there is a resistance at 126 level. Above 126 go long for 134 and 138 levels
ASHOKLEY swing trade planPrice has given a strong breakout from the triangle pattern with a strong marubozu candle and with huge volume, from near the support area. Price has even broken 50 ema. MACD and stochastic RSI too are giving buy signals.
swing trade ( ashoke leyand)breakout of moving average 1st target achieve
buy @112 , sl-111 , trg-130/135/140
#Ashokley cash : Looks good above 126.10#ASHOKLEY CASH - Positional call for 3 months
18.05.2021
Looks good above 126.10
stoploss 110
Target 158-160/190
Cmp 122.95
Ashok leyland for intraday Ashok leyland may give a breakout tommorrow .
you can buy it on a retest.
sl - 118
ASHOK LEYLAND DESCENDING TRIANGLE BREAKOUT APPROACHINGAshok Leyland has been developing this pattern for quite sometime now. Possible breakout within the next trading session.
Note:- This is for information only!
Breakout with good Volume #bullish view Only needs Nifty SupportI have shared CDSL and Likhita Infra. after breakout and they are performing very good till now.
In single day gaved 4% and 5%.
Let's see. Today got Ashok Leyland which have given breakout with good volume.
The only thing is that we need Nifty Auto support and Nifty50.
Right time to enter if anyone willing.
This post is for information purpose only.
Descending triangle pattern breakout Descending triangle pattern breakout with a strong bullish candle. Targets and SL can be found on chart.
Ashok Leyland Triangle patternAshok Ley has given breakout from triangle pattern
With SL below 111 we can target 160 in short term
ASHOK LEYLAND LONGBuy Ashok Leyland above 112.5.
Targets 120-125-134
Stoploss- Below 105 (Closing Basis)
Strong support at current levels with a positive MACD diversion. The risk reward is good and the stock is showing good volumes.
