ASHOKA BUILDCON LTD has breakout 6 years resistance level and best monthly chart breakout with good volume and this is just for educational purpose
Technical Analysis of Ashoka Buildcon Ltd. Overview: Ashoka Buildcon Ltd. has recently demonstrated a bullish breakout from a classic Cup and Handle chart pattern, supported by robust trading volumes. This pattern, known for its bullish implications, suggests a strong potential for continued upward momentum. Volume Analysis: A noteworthy observation in the...
Breakout in Multiple Time Frames. Huge Volumes. Above all Key MA. Good for Short Term. Do Like ,Comment , Follow for regular Updates... Keep Learning ,Keep Earning... Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
#AshokaBuildcon made a strong breakout, and consolating above the #Breakout area., for further upmove. Follow Risk management for proper stoploss. Can give very good Risk reward.
Ashoka Buildcon Has gicen BO > From cmp we can plan a swing trade. > in MTFA its looks good > Showing good strength > Volumes are increasing Let me know your view in comment section.
Ashoka Buildcon has closed above EMA 50 @ 77.15 after taking support at MA 9. the stock has taken multiple rejections from EMA 100 line which also acts as main resistance to the stock price since a long time. The stock is expected to reach the target price by taking its previous price actions and current closing above EMA 50. If the stock price reaches target and...
PATTERN: Ascending Triangle BUY ABOVE 122-123 :If breakout is associated with good volume. SHORTING OPPORTUNITY: IF BREAKS BELOW 102-100 GOOD TARGETS ON BOTH SIDES. BOTH LONG AND SHORT OPPORTUNITIES.
VIEW ON LONG TERM ASHOKA BUY ASHOKA CMP - 107 WHAT APP ME - 7007501315
ASHOKA looks like a strong long candidate as it is having an inverted head and shoulder on weekly charts. - Strong volumes from last few weeks - RSI looks bullish > 60 One can go long here CMP - 114.9 Dips to be added as well till 90-100 Keep Strict SL 78 WCB and Target 142/170/195++
DATE: 24 JUNE 2021 INSTRUMENT: ASHOKA BUILD CON TREND: BUY TIME FRAME: DAY CMP: 103.5 BUY ABOVE: 104 STOP LOSS: 102.15 TGT 01: 109 TGT 02: - RISK DISCLOSURE: We are not S E B I registered analysts. VIEWS EXPRESSED HERE ARE FOR OUR RECORD PURPOSES. Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever.