Ashokley H&S breakoutEarly breakout signal. If it breaks the 177 resistance, it might go up up till 180
ASHOKLEY trade ideas
Ashok Leyland in downtrendAshok leyland is perfectly following downtrend. This share is in uptrend on weekly but in downtrend on daily basis. so it can be bought once it touches weekly down line which is thick red line
Disclaimer:- this is absolutely for study purpose and no buy sell recommendations
Ashok Leyland,UPSIDE OF 205 - 210 LEVELSCurrently, Ashok Leyland is at the previous trendline Support level of 175 in price. If the stock successfully recovers, it might eventually hit 205-210 price levels in the coming weeks, according to the Elliot wave pattern, Fibanocci retracement, and trend line support levels.
ASHOK LEYLAND - LONG BREAKOUT!!!BUY - ASHOK LEYLAND
CMP - Rs. 145
Target - 1: Rs. 195
Target - 2: Rs. 260
.
.
Technicals - Cup and Handle BO
.
This is just a view by an expert analyst, please invest at your own risk.
.
Follow me for more!
AshokLey, Levels and Trade Zone Chart Type - Heikin Ashi
Time Frame - Daily
Indicator:-
1. Moving Averages (For entry and exit)
2. Fibonacci Retracement (For support and resistance)
The price has successfully tested its Fib retracement level of 23.60% which is 179.15, the level acts as a strong support. Also the moving averages came close to each other showing the consolidation in the price at these levels.
Trade Zone:
Resistance1 - 186
Resistance2 - 191.50
Trade Plan:
I will wait for the levels of 186 to be broken and for a bullish crossover of moving averages.
Also keep in mind that on the weekly chart it has a retracement level of 23.60% at 175 level. So, the price can be volatile in the range of 175 to 186. You can check the weekly chart in the update section.
Disclaimer: This is my pre market analysis and my trading/analysis journal. Not a suggestion to buy or sell. The material here is only for educational purposes.
Thanks
Sardar Simranjit Singh Virdi
ASHOKLEYLAND-SHORTIdea is based on volume profile & price action. Confirmation only based on order flow
Ashok Leyland head and shoulder breakAshok Leyland head and shoulder breakout
can look for tp of 183-183.50 with stop of 177
dc : only for educational purpose
Bullish Alert !!📈 Exciting Bullish Pattern Alert!
📊 Pattern: Rising Channel
📌 Symbol/Asset: Ashokley
🔍 Description:
Stock with good support zone
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
$ASHOKLEY - Weekly Chart AnalysisStock is consolidating at the resistance for the past 4 weeks. Resistance levels are tested the resistance level thrice. Volumes have been drying since 2021. Stock is trading and sustaining above the major key moving averages. Keep it in your watchlist. We need minimum 2 weekly close above 169.45 for it to confirm.
Disclaimer: This is just an analysis and not a buy/sell recommendation. If you want to trade then please do your own due diligence and trade on your own risk.
Could break out on big volumes - Ashok LeylandSelf explanatory - auto sector weakness is the only possible negative. Results were a blow out and the stock hasnt yet absorbed enough of that. Buying could emerge in the next month - keep track
ashokley - short covering above 190Disclaimer : This is my personal analysis for study purpose not intended for trading.
Ashok Leyland price Struggling to move upPrices taking a pause at strong Extreme Shark Level. Prices not able to move up since 5 weeks.
ASHOK LEYLAND TO TAKE LONG ENTRYKeep the stock in your watch list. Can take long after the Breakout of the channel above 190.
This is for your educational purpose only.
Ashok Leyland BreakoutFalling Wedge Bullish Pattern Breakout on Daily & Weekly Candles
Highest Close since 10 oct 2022 ;
Breakout at 154.5
CMP - 154.7
Target 165-175
Time 2-3 months
Educational Discussion Only
Ashok Leyland Trend Analysis on Weekly/ Daily and 15 Min time Frame.
Structure seems to be strong and uptrend can continue …
Ashok Leyland - Trend AnalysisTrend Analysis ..
Rounded bottom break out consolidation at levels..
Can be in uptrend in coming weeks..
ASHOK LEYLAND INTRADAYIdentified Bearish Range ..
After tapping Breaker block , price engineering liquidity to go lower..
ASHOK LEYLAND Creating "W" Pattern in Daily ChartsAshokLayland Creating "W" pattern in Daily charts. If its sustain above @170.00 then we are witnessing to go a Bullish Rally.
Initial Target Point: @182.00
Keep track traders.
ASHOK LEYLANDAshok Leyland can see some correction below 181 mark and could try to test its first support.
retracement buya very good stock seems to go rocket from current levels
lets buy and wait for target or sl
Ashok Leyland Monthly Breakout Ashok Leyland Monthly Breakout With VCP and Cup and handle kind of pattern. One may look to add near retest of breakout level.
Askok leyland has moved out of the Flag patternAskok leyland has moved out of the Flag pattern @ 167. The price action suggests one can add at 184 for the TGT of 198.
ASHOK LEYLAND LOOKING BULLISH CUP WITH HANDLEASHOK LEYLAND LOOKING BULLISH CUP WITH HANDLE APPEAR.
NOTE : This will not buy or sell signal for you kindly consult with your financial advisor before jump into any trade.
