ASHOKLEY trade ideas
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.
ASHOK LEYLAND - Invt H & S formation Breakout from Flag - Riding the Parallel Channel and in the formation of Inverted Head and Shoulder.
Anticipating a MACD crossover
Bulls at work!The stock has given resistance breakout and zone breakout.
Can be bought at current levels of 122 for a possible target of 126/133.
Note: Educational purpose
trendline breakout in auto stockauto sector looks good and today AL gave really good breakout on daily time frame
looks good for long position
Ashok Leyland Possible Range Breakout+Ascending Triangle spottedStock is in Overall Uptrend in all major Time Frame.
** Currently Stock is in Box range for almost 2 Months.
Ascending Triangle also spotted in Range which is kind of bullish confirmation but on the safer side we have to trade after the range Breakout.
Previously price tried to break range but miserably failed and next day price came back down .
Our entry will be initiated once it break ascending triangle but we have to wait till the Range break.
Our Nearest targets will be 134 around.
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Buy Ashok Leyland by ADITYA SHARMAI m NOT RESPONSIBLE FOR YOUR LOSS !!!
TARGET 1 : 125
TIME PERIOD :2-3 DAYS
ASHOK LEYLAND under UncertaintyThe technical indicators are at a neutral level. The descending triangular pattern generally takes the trend downside. However, the highly decreased volume of sellers shows the possibility of reflecting back. Thus, it will be too early to make any decision, at this time.
Ashokleyland - Long above 85+Ashok leyland multiple times touched 85 level and returned.. now it's time to break or make level.. keep watch.
FORMATION OF DESCENDING TRIANGLE PATTERNThere is the formation of descending triangle chart formation in ASHOKLEY if it gives breakout on the upper side and shows a good time consolidation or retest then may go for entry with good target stop loss at swing support horizontal line don't forget to trail your stop loss
ASHOKLEY - Weekly Bullish Flag BreakoutHi Folks,
Ashokley is going for a breakout after a long consolidation in a flag formation near previous resistance turned support zone. More in charts.
