ASHOK LEYLAND - SHORT TRADE FOR HUGE PROFITSymbol - ASHOKLE
ASHOKLE is currently trading at 260
I'm seeing a trading opportunity on sell side.
Shorting ASHOKLE Futures at CMP 260
I will be adding more position if 270 comes & will hold with SL 273
Targets I'm expecting are 242 - 225
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
ASHOKLEY trade ideas
ASHOK LAYLAND 1HEINTRADAY / SWING TRADE
TRADE FOR OPTION BUYERS..
- EARN WITH ME DAILY 10K-20K –
ASHOK LAYLAND Looking good for Downside..
When it break level 241.36 and sustain.. it will go Downside...
SELL @ 241.36
Target
1st 238.09
2nd 234.21
FNO
ASHOK LAYLAND SEP FUT – LOT 4 (Qty-20000)
ASHOK LAYLAND SEP 250 PE – LOT 1 (Qty-5000) – PRICE (10.85)
Enjoy trading traders.. Keep add this STOCK in your watch list..
Big Investor are welcome..
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Ashok leyland long time cup & handle BullrunAshok leyland has 5 years breakout. That too is cup & handle pattern. Targets are normally double from here. That too had bullish wedge breakout too. I am long since 165 though. There is double strength in the stock. I have also demonstrated example1 on the left side. past cup & handle pattern brekout and target. Used fibo extention for above 300 targets.
Keep this in mind. Options is a dangerous instrument to play. Please do not go wild on anything unless you know exactly what you doing. Even though your direction is right still you tend to loose in option buying. And market can always prove me wrong and i take that rights too. Experience traders also fail in this market. Only risk management will give you an edge. Don’t take any trades without SL. Respect the market, Ungli nahi katoge to pura hath katna padega. Beware.
DISCLAIMER: I AM NOT SEBI REGISTERED ANALYST. ALL POSTS ARE EDUCATIONAL PURPOSES.NON ADVISORY, DISCRETIONAL NO CLAIMS, RIGHTS RESERVED. I AM NOT RESPONSIBLE FOR YOUR PROFIT OR LOSS.
Multiyear Breakout Ashok LeylandNSE:ASHOKLEY
👉🏻Multiyear breakout + Multi month consolidation
👉🏻Above 190-192 we can expect strong moves
👉🏻Support near 155
👉🏻Keep it on radar above breakout level
Stock finally gives the breakout after almost 10 month consolidation. Now if next week we get confirmation this breakout then we expect strong moves in the upside direction.
Ashok Leyland - Bullish viewI have entered the marked level for swing trade.
Reasons for buying:
1. Breakout at 1 D time frame.
2. Stock is trading at all time high. These stocks generally perform good after breakout.
3. Breakout in 30 mins with volumes.
Please note that it's not a recommendation to buy. I have posted my analysis for educational purpose. Please do your own analysis before buying. I am not responsible for your profit or loss.
Elliot wave analysis of Ashok Leyland.#elliotwaveanalysis #ashokleyland #elliotwave
Based on elliot wave principle , I have done analysis of Ashok Leyland.
Current view : If Stock breaks current resistance it will go till 0.618 level of wave 5 retracement.
Alternate view : IF stock finds resistance at current level then stock may continue consolidation.
Ashok Leyland Ltd - Breakout Setup, Move is ON...#ASHOKLEY trading above Resistance of 250
Next Resistance is at 384
Support is at 167
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Ashok Leyland Ltd - Breakout Setup, Move is ON...#ASHOKLEY trading above Resistance of 191
Next Resistance is at 250
Support is at 151
Here is previous chart:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
ASHOKLEY 1 YR target of 301ASHOKLEY (ASHOK LEYLAND) has completed distorted C&H pattern as well as retest the LTH made during 2018. With the depth of 134 points (167-33) the target is 167+134 = ~301.
Intermediate targets 203 (completed), 222, 250 - keep trailing stop loss as it reaches next target.
* It is not a trade advise but technical analysis shared based on my understanding of patterns and personal experiences, please take any trade at your own risk.
Log Scale vs Linear Scale ChartsLog Scale vs Linear Scale Charts.
Log Scale - It is a type of representation where price is equally distributed in percentage.
Linear Scale - It is type of representation where price is equally distributed in terms of price points.
There will be no difference in terms of Moving averages, Fibonacci, Horizontal levels if you select any of two option.
ASHOK LEYLAND CHART ANALYSISASHOK LEYLAND CMP: 224.26; RSI: 44.52
Ashokl Leyland has entered into Wave-4 downturn and will see retracement till 201-196-183;
Fundamentally script is good and should be accumulated below 205 level. Immediate support for the script is at 217 and 206 level.
Accumulation Zone : Rs 205- 193;
Stop Loss: 183
Next possible Move I am looking an up side move to complete Wave 4 and then i am looking one more last impulse down move as wave 5 which will in turn develop in 5 wave passion on smaller degree
Noe currently the reversal has not taken in place so i would wait for proper close on daily to take the small up side trend and then turn the trade for down ward move
Good luck
ASHOKLEY chart looking bullishASHOKLEY cup and handle pattern breakout at lifetime high. Taking support at trendline price action looking bullish. Sustaining above previous lifetime high levels. Looking good for good upside. Disclaimer:- Not any recommendation and shared just as educational purpose. Consult your financial advisor. No one will be responsible for any profit or loss