Ashok Leyland Swing SetupPrice has broke out of a cup with handle pattern and has retested the support. Good to enter at CMP with its technical target at 300 and SL at 162. Around 70% ROI in medium term with 9:1 R:R. Robust fundamentals. Do your own due diligence before taking any action. Peace!! Longby Swastik244
Ashok Leyand share elliot wave analysisAshok leyand daily time frame stock move upside 5th wave . some time before ashok leyand complete 4 th wave descending triangleLongby HARISHRAO9918
Ashok LeylandAshok Leyland has broken Cup & Handle pattern . It looks bullish on weekly time frame. Good entry point if it retest neckline. It is not a recommendations, do your own research before entering in any stock.Longby TITC3
ASHOKLEY, breakout soonAshokley can soon touch 200+ once gives closing above 192. Momentum trader should wait for 192++ While value investor and swing trader can buy every dip. The auto sector has shown bullishness but Ashok has yet to contribute in the rally. Disclaimer: just an educational advice not a buy or sell.Longby manideepcs0246
Ashok Leyland bounce from supportAshok Leyland now in uptrend confirmed by a downtrend indecision DOJI on 14th september but has to cross 187 look for resistance trendlineby TheMirageTrades9
Strong Strength Buy SignalWe can see a strong sentiment in Ashok Leyland Nifty Auto is down today but Ashok Leyland tested its previous resistance and took support today and climbed up with good move I think the stock will test its resistant at 156 in upcoming days as the stock is in the bullish momentum from past few days. Ashok Leyland might even go up above 156 if it breaks and takes support at 156. In live market I can see a hammer pattern formation till now made by the stock with high wick at the bottom that shows buying from lower level. Write me if any modification in the analysis and do write me your view on this analysis. Also please consult your financial advisor before investing Longby confidentHeron57603Updated 3
ASHOK LEYLAND make a bearish marubozu candle on chart Also break 20 DEMA Break nackline. Macd give signal bearish crossover. Good risk reward for short position trade. Disclaimer:- this is my personal view for education purpose only. No Buy sell recommendations give by me. Shortby Technicalcharts_13
ASHOK LEYLAND CNH PatternAshok Leyland has broken Cup nd Handle neckline 167 - 168 levels. It looks bullish on weekly time frame with RSI above 60 pointing upward. It would be a good entry point if it retest neckline. If it continues the uptrend, we may see levels 300 in a year or two. It a good investment stock to hold for a couple of years.Longby vikasbhekare2
ASHOKLEY - shortNSE:ASHOKLEY BSE:ASHOKLEY ASHOKLEY - short. expected fall, Lets see. Shortby Treda_pro2
Cup & handle breakout in Ashok leylandBreakout of long term resistance with a handle of Cup formation suggesting big targets for ashok Leyland ... likely to see a multi bagger from here ... target equals depth of the cup which comes out to be around 833 Longby BHASINRAHUL18388
Ashok leyland close above 167 can give a big movementAshok leyland close above 167 can give a big movement 25-30% upside possible, if daily close is above 167 time frame - by jan'23Longby yogesharora2409Updated 1115
ASHOKLEY The stock has given a breakout above its resistance given by the May 2018 all time high of 167. The Monthly RSI has still not touched its Overbought zone. In the past, a breakout above all time high has given a minimum test of 161.8% FR Level, so stock could see at least 250. Optimistic long term target is at 600 (423.6% FR Level). Bullish view remains intact as long as price survive 165! Longby CourtroomInvestments4
ASHOK LEYLAND RANGE BOUND CONSOLIDATIONCurrently Ashok Leyland is consolidating in a range (178.5 - 185.5) Breakout of the range will give a good movement... In case of Bullish Breakout TP1 - 190 TP2 - 195 TP3 - 200 In case of Bearish Breakout TP - 175by IMEVIL5
ASHOKLEYNSE:ASHOKLEY One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle. 2. Close, should be good and Clean. 3. R:R ratio should be 1 :2 minimum 4. Plan as per your RISK appetite Disclaimer : You are responsible for your Profits and loss, Shared for Educational purposeLongby CreativeCreature6
ASHOKLEY- A 5 YRS OLD cup BREAKOUT. WITH SMALL SL.A 5 YEARS OLD BREAKOUT HAS taken place at the ashokley, a small sl and huge risk to reward can been seen, if entered with a pullbackLongby Atul42497
AshokleyAshokley Chart Analysis.........31/07/23 A correction wave ABC is forming on Ashokley chart whose first target is 174 and final target is 168. We have taken a short position from 186 level to 190 stop-loss. Enjoy !Shortby VirendraPandey118
Ashok Leyland Bags INR8 Billion Order from Indian ArmyAshok Leyland NSE:ASHOKLEY secured an order worth 8 billion Indian rupees from the Indian Army, according to a Monday release. Recently, NSE:ASHOKLEY traded close to a recent supply zone, and today's last candle had a significant amount of volume. It is anticipated that NSE:ASHOKLEY will start the day with a gap up zone and touch the levels of 175.60 as target1 and 179.20 as target2. NOT A TRADE RECOMMENDATION ONLY FOR EDUCATIONAL PURPOSE Longby amrendrapratap1013
Investment pick of the week!Ashok Layland made its previous high on April 18. After 5 years of consolidation and after testing the resistance multiple times it has finally given breakout. Now the stock will trade under blue sky so there will be no possible upper limit. This is the right time to invest in the stock as Layland is the third best company when it comes to bus production. The stop loss given here is for the traders. An investors should keep a deep stop loss of 130 or even more on weekly closing basis. CMP - 171 (14/7/23) T - 250, 380 W SL - 158 WLongby AbNamjoshi8
"ashokley"Ashok leyland cmp 172, ready for target of 190, with a very little stop loss 169by anuguptag0
Ashok LeylandNow is the opportune moment to consider Ashok Leyland. The situation appears promising in various aspects, such as trading volumes and the monthly candle closing above a significant Gann box level. Additionally, Ashok Leyland has already entered a new Fann angle.Longby happyvegan10111
ASHOK Leyland Make ascending triangle chart pattern in daily time fram , 50 EMA cross 100 EMA from below that's bullish Sign , price is at 52 week high take break out at resistance level and make retest at same level so first Target will be 185.75 and stop loss will be 146.95 This is for educational purpose not a trading advice so that's my view comment down your view 🤗Longby poojakhatri33846
ASHOKLEYNSE:ASHOKLEY One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle. 2. Close, should be good and Clean. 3. R:R ratio should be 1 :2 minimum 4. Plan as per your RISK appetite Disclaimer : You are responsible for your Profits and loss, Shared for Educational purposeLongby CreativeCreatureUpdated 6
Ashok Leyland, Positional Trade Idea.Ashok Leyland has created a cup and handle formation on weekly charts, which would be validated if price crosses 175 with good volumes. Keeping a stoploss of previous swing low, it can be a good postional trade setup. That said, it is always a great idea to trail your profits using moving averages or ATR or any trend following indicator.Longby Amit_Thakkar_8