ASHOKLEY trade ideas
Ashokleyland Earlier Divergence strategy had already given short signal on its daily chart there stoploss was above 80, now this strategy would give a short signal on this 15 minute chart once on monday in first 15 minute candle closes below the low of current candle and then the stop loss would be above 77.5 or close above green line whichever comes first, else just keep riding the move. seems like a jackpot for current month, one can also take positions in this counter using in the money options as well instead of futures, since there is time to current month expiry.
SHORT POSITIONASHOK LEYLAND STOCK IS TRADING NEAR ITS RESISTANCE WAIT AND WATCH
SHORT POSITION BELOW 75 (FIVE STAR) GOOD VOLUME AND OI AT THE STRIKE PRICE OF 75 AND 70
LONG POSITION ABOVE 82 (TWO STAR)
MUST CONSULT WITH PROFESSIONALS BEFORE ANY KING OF INVESTMENT
Ashok Leyland bearish divergenceOne can go short on Ashok Leyland with a stop above 80 on closing basis for targets of around 66 , bearish divergence on all indicators and MACD has also given confirmation as it has turned negative
Ashok Leyland on Weekly SupportAshok Leyland looks good 64 for accumulation at this price for long term portfolio.
Ashok Leyland - Short Term BuyHi,
Ashok Leyland is giving a good buy above 74.20, with SL of 69.90 and targets of 80/85.
Has Good Volume
Macd is very much positive
RSI is above 50.
So seems a very good setup for short term Trade.
ASHOKLEY - BUY WITH A SL OF 59.6 AND A TARGET OF 91 ASHOKLEY - BUY WITH A SL OF 59.6 AND A TARGET OF 91 BY MID-OCTOBER
Don't short Ashok Leyland now
My sentimental RSI has turned green , don't short Ashok Leyland now. Also my sentimental volume indicator also show's green , this mean volume has increased with the up move in last two sessions.
Happy Trading and Investing !!
521 SAN; wk review; price at risk reward zonePlan.1 buy zone at 80 with strict sl of 77.5 closing and p1 at 90
Plan 2: buy above 90 with sl of 87.5 and trail the tsl as may become w3.
plan 3: breakdown of 77.6 leads to 72.50
plan 4: further breakdown of 72 leads to 55 as mega c wave.
#ASHOKLEY buy @ 66.5 - 65.2 with strict #SLNSE:ASHOKLEY
Maintain #SL & TGT as mentioned in the chart
AshokLeyland support level is mentioned in graphThere are no recommendation to buy and sell on this stop. its just study purpose.
Keep in Radar Ashok ley...strong one side move is expectedKeep in Radar Ashok ley...strong one side move is expected.
If 79 level break then tgt is 65
