Ashok LeylandOverall Structure For Ashok Leyland is Bullish and is trading near trendline resistance.. can be considered for A swing trade for target of ATH and above. SL 170 Daily Closing Basis
ASHOKLEY trade ideas
MyPOV @ ASHOK LEYLANDMyPOV @ ASHOK LEYLAND
For educational purposes only. Not financial advice. Consult a professional before making financial decisions. #Disclaimer
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ASHOKLEY- Swing Trade If ASHOKLEY Sustain above 172 then 175 to 179 then Above this will be more bullish movement we can expect 189 or 192
if ASHOKLEY Sustain Below 172 then 165 to 162 then below will be more bearish Movement can be expected in Stock 152 to 150
Consider Buffer some buffer points in above levels.
Please do your due diligence before trading or investment.
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Ashok Leyland Ashok Leyland can start a new rise from here for new highs..
Risk reward wise looks strong if hold 173 levels.. We can see a target for 200 -215 & medium term target for 260.
Ichimoku & wave counts support the move
Ashokley NSE in weekly Perfectly broked cup and handle pattern, retested and about to break another trendline in daily timeframe. If breaks that too, I'll go long. It's good for investment and swing trading. It's only my view not a recommendation.
ASHOKLEYLAND daily timeframe analysis for long term
NSE:ASHOKLEY has retested major R become S and consolidated above 167.
We can see long term move above 173 with SL of 165 and can average till 167.
Major targets levels are highlighted in blue lines.
Ashok Leyland (Swing):Ashok Leyland (Swing):
AL has broken and retested a major resistance.
The script is set for a 50-60 % up move.
Appropriate support, resistance levels are highlighted with target.
Keep adding between 170-180 with a SL around 160.
Trade offers a RR of more than 1:6.
Note: Do your own due diligence before taking any action.
Ashok lay land Near cup and handle break out with gud volume. but in daily time frame gave a gud rally in last 15 days. so it may rest here than break out. it may have gud potential upside.
SL 143 .
ENTRY 168
UP SIDE TARGET 250
LEYASHOKSSTOCKConsolidating here after making a new high after years, should jump higher from here .
Cup and handle breakout in Ashokley NSE in weekly It's a good breakout and formed cup and handle pattern in weekly timeframe. Price is still neckline and formed double bottom near support line. It's good for investing and swing trade. Good to buy now. It's only my view not a recommendation.
Ashok Leyland Aggressive Trade-> Ashok Leyland is making an inverse head and shoulder pattern at 1D at demand zone which also confluences with trendline support
-> Conservative entry only after this pattern is broken at 1D timeframe
-> For aggressive entry, there is another inverse head and shoulder pattern at 1H, we can go long after that is broken
-> It is a classic case of a pattern inside another pattern.
Ashok Leland is forming a bullish pattern Ashok Leland has doubled profits from last year and is forming an interesting bullish pattern.
ASHOKLEY for longsASHOKLEY touched Buy Zone, small stop loss 141 levels, we can plan for longs, ASHOKLEY can touch 153/167 levels in short term
Driving to 190I have presented my charts here. Entry at 176 seems sufficient. Volume is promising.
No buy sell recommendation. NSE:ASHOKLEY
ASHOK LAYLAND Swing Levels NSE:ASHOKLEY Swing Levels
Wizard Levels/Zones
>Hey buddy, Wait for the price to close above or below-mentioned zones. Once the price closes above or below, SUPPORT becomes RESISTANCE and RESISTANCE becomes SUPPORT.
> If you're following these zones then kindly follow the rules too. Risk management, and Position sizing.
> This is my perception of the market so, kindly do your analysis to get more clarity on the market.
> These levels might help you guys. As per my view, I'm sharing it with you guys.
> This is not a blueprint to happen, so kindly do your own analysis and my view. Thank you for your SUPPORT
ASHOKLEYLAND Levels for LONG-TERM NSE:ASHOKLEY IPS Levels for LONG TERM
Wizard Levels/Zones
>Hey buddy, Wait for the price to close above or below-mentioned zones. Once the price closes above or below, SUPPORT becomes RESISTANCE and RESISTANCE becomes SUPPORT.
> If you're following these zones then kindly follow the rules too. Risk management, and Position sizing.
> This is my perception of the market so, kindly do your analysis to get more clarity on the market.
> These levels might help you guys. As per my view, I'm sharing it with you guys.
> This is not a blueprint to happen, so kindly do your own analysis and my view. Thank you for your SUPPORT
A perfect Midcap stock for samvat 2080**IT IS A LONGTERM IDEA**
Follow the FIVE rules below 👇
1)Book whole profit at TP if u want to free up capital.
2)Stoploss is when deathcross happened 3)Stick to strict stoploss exit when hit.
4)Wait as long as it hits TP 🎯.
5)Keep your capital allocation at your own risk(adv:not more than 10% of available cash)
**CHART IS SELF EXPLANATORY**
Ashok Leyand Ashok Leyand share Elliot Wave Analysis
This stock start first wave 1999 price 1.45 end this wave 2010 price 40 or wave second start down side 2010 to 2013 price come down 40 to 12 and again upside move start wave 3 12 ruppes price to 174 price end and again price come down 170 to 34 price
ASHOKLEYWeekly Breakout and retested, Previous swing low is stop loss (132.40) and fib level 1.618 is target (247.80)
Ashok Leyland Entry - above 184
Tgt - 211
Timeframe - 30-45 days
-- DISCLAIMER --
I am not a financial advisor or SEBI registered
This is just a view
Please DO YOUR OWN RESEARCH before investing in any stock
Happy trading
Peace
ASHOK LEYLAND: Trading near supportASHOK LEYLAND: Trading near support.
I think it is good time to add it in portfolio
ASHOK LEYLAND Stock in lower low, lower high formation.
Price breaks DEMA
Macd not indicate clearly move
RSI Bearish
Go for short 164 Target with small stoploss
RR very good
Disclaimer This is my personal view for education purpose only
No Buy sell recommendations.
