ASHOKLEY trade ideas
ASHOKLEY SHORT {Head and shoulders chart pattern breakout}Ashokley Short
Sell=126.20
SL=136.45
TG= 106
Ashok leyland showing a nice wave structureAshok leyland is showing a very nice wave formation at current level it looks like we have completed wave A and heading for wave B which has 3 wave in it and two waves already over and now we are heading for the third wave which is trade able for a very short target of 127 but if the whole ABC correction is over than we are heading for bigger Wave 3 which can extend to 270-80 levels from current level which will be a great trading opportunity above the down trend line coming from top of wave 5 of 1
WAVE 3 - ASHOK LEYLANAfter completion of wave 2, Ashok Leyland is into Wave 3. Price is expected to reach 180 from current levels.
ASHOK LEYLAND IS READY FOR AN UPSIDEASHOK LEYLAND SEEMS TO BE READY FOR GOING HIGH AND BREAKING THE 52 WEEKS HIGH SOON
Ashok Leland.. Long!? Good bounce from support. Above 123.80 I think it's possible 127-130 coming days...
Not any trading advice or trade suggestion.
Broken supply zone Ashok Leyland broken support as long it is not crossing 127.50 on supply zone, expect to reach the target marked on the chart.
let's see...
Ashokley - Bullish Divergence SpottedStock may have taken support here from a down trend. Also Bullish divergence is there in RSI. This can be a swing trade if the support is proven to be correct.
Disclaimer :- Kindly do your own research before taking any position. Market is all about probability, maintain you SL stickily.
ASHOKLEYIn today's trading session the stock has given good breakdown. Now it's time to retest breakdown level. If this happen, we can see good downtrend. So keep an eye.
If you like my idea then please follow me on tradingview.
Thank you
Ashok Leyland ..As I mentioned already, This stock is respecting those levels:- Enjoy Trading Profitably
Key Levels for Ashok LeylandPossible breakout to upside:-
Buy near Rs- 125 for the range of Rs 140 price only if bullish reversal candle forms.
ASHOK LAYLANDINVERTED HAMMER FORM AT SUPPORT. RETEST DONE AT PREVIOUS RESISTANCE WHICH BECAME SUPPORT NOW
ASHOK LEYLAND The stock can give a good move up to the level of 145.
Buy - 134+
T1 - 137+ (By 07-02-2021)
T2 - 145+ (By 12-02-2021)
SL - 132
Triggers -
Better earnings are expected to be reported for Q3.
Announcement concerning scrappage policy in the Union Budget is considered good for the automobile's commercial vehicle segment.
Ashokley - Bullish Wolfe WaveAshokleyland has bullish wolfewave on 30 mins Timeframe. Targets on chart...
Ashok Leyland - Expanding Channel BreakoutThe price made Expanding Channel pattern and retesting the support level after Breakout.
