#Ashok Leyland bullish harmonic#Ashok Leyland bullish harmonic
PRZ-109-106
SL-72
CMP:126 @ 15 December 2021
ASHOKLEY trade ideas
Swing Trading Idea Ashok Leyland 1to 3 monthsSwing Trading Idea Ashok Leyland 1 to 3 months
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views. Please consult your Financial Advisor before making any trading decision.
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BUY ASHOK LEYLAND AROUND 125 TGT 136 / 152 SL BELOW 112 The stock had been taking support at the above mentioned price action line which is also supported by 50 week moving average which will act as huge support on short term basis. Also the stock has given a breakout above 20 week moving average which is good breakout considering the up coming Diwali session and auto sector can see some good sales volume.
ASHOKLEY 1WNSE:ASHOKLEY
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All the contents over here are for educational purposes only and are not investment advice or recommendations
offered to any person(s) with respect to the purchase or sale of the stocks / futures and options.
You are also requested to apply your prudence and consult your advisers in case you choose to act on
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Bullish flag pattern in Ashok LeylandFlag pattern is formed in chart which is supposed to go bullish on breakout.
ASHOK LEYLANDIt has given a breakout after a sideways corrective. In the short term it could rally till 155-160 while in the medium term stock looks good for a possible 225. Short term stop loss for this breakout is at 141
ASHOKLEY 4HNSE:ASHOKLEY
Please note that we are not a SEBI Registered Investor Adviser/PMS/ Broking House.
All the contents over here are for educational purposes only and are not investment advice or recommendations
offered to any person(s) with respect to the purchase or sale of the stocks / futures and options.
You are also requested to apply your prudence and consult your advisers in case you choose to act on
any such content available as WE claims no responsibilities for any of your actions or any outcome of
such action
ASHOKLEY - mean reversionmean reversion accompanied by Middle Bollinger support.
There are good chances for the stock to make it till the red box.
Keep as sl as cross below middle BB (Daily TF)
Ashok Leyland BreakoutThe stock has broken out and retested, so it may undergo a rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the previously upper trendline. The target is placed based on fundamentals and near swing high.
ASHOKLEY breakout AShokley has just given a breakout in today session and it can go very high from now
wait for retest as a confirmation or if not than buy at high of today candel minimum target is 150/152/155/160/+
Pole and flag breakout it gives pole and flag pattern breakout or we can say channel pattern breakout
Volume also good
RSI is above 60 witch shows good strenth of buyers
Just wait for retracement and then buy
Ashok leyland BreakoutAshok Leyland Has given breakout with Positive ST and RS>0, can see further upside. Fibonacci Target comes to 200 apporx
Ashokleyland bullishAshokleyland major supplier of EV Bus. looks bullish, weekly breakout. for education purpose only.
Ashok Leyland AnalysisAuto Sector very bullish now
Go for a bullish trade on Ashok Leyland
Resistance Zone: 134.5-137.5
Targets: 140,142
Ashok leyland bullishweekly chart cup and handle. three drives triangle formation. EV Buses story.
for education purpose only.
ASHOK leland at demand zoneASHOK leland at demand zone
Following HH
RSI taking multiple support at 40 level
rejected from reessitance once next time it may breakout that also 4,5 % move posible
Very clean chart of Ashok leyland.Price action is very clean and there's no, much noise. Chart is very clean. I like the chart patterns which are clean.
ASHOK LEYLAND - BUY @ 125 with Target -128-132This is only for learning purpose, this is not an investment recommendation. Do your own study before investing.
Channel breakout and retest possibleAshok Leyland has broken the channel it is good buy around marked demand area for the target given on the chart, with below demand zone as stop loss level.
Let's see..
Ashok LeylandAshok Leyland possibly forming ABCD Pattern.
Buy only and only if it cross 127.
Can see 130 and 132 after that.
Bullish in short termShort term view on ashok ley, it's form flag structure
Looks like rally happened next coming trade days .
Any way buy above 125 for safe side and maintain sl 117 for short term view .
please do your analysis own
