This chart reveals a harmonious convergence of price action and key indicators, suggesting a potential buy opportunity on the horizon. The stock has displayed remarkable strength, with patterns that indicate a possible upward trajectory.
Reasons are stated below :
ASHOK LEYLAND is a fundamentally strong stock on which we can rely.
this seems to be a golden opportunity to buy this gem.
TARGETS - 207 // 233 // 260 // 300
SL - 154
thank you.
Reasons are stated below :
- price tested 168 levels twice on weekly tf and finally has come down to retest after a strong breakout
- 0.382 Fibonacci level support
- 50EMA support on daily tf
- formed 2 hammer like candles with a long wick indicating a buy-push
ASHOK LEYLAND is a fundamentally strong stock on which we can rely.
this seems to be a golden opportunity to buy this gem.
TARGETS - 207 // 233 // 260 // 300
SL - 154
thank you.
Comment:
We can see a double bottom pattern on daily timeframe, can add up some quantity.
Comment:
We are up by 8.4% from buying price.
It made a high of 9.4%.
Stock looks quite strong, we can hold for our targets.
It made a high of 9.4%.
Stock looks quite strong, we can hold for our targets.
Comment:
currently, stock is in consolidation phase.
Technicals look quite promising, so we can hold till targets.
Technicals look quite promising, so we can hold till targets.
Comment:
stock is still consolidating. Once 190 level is taken out we will see a sharp upmove.
Comment:
Accumulate as much as possible, even if you're looking for investment.
This the best price.
This the best price.
Comment:
A strong marabozu candle on weekly timeframe shows incoming momentum.
The stock can potentially rally now, hold for targets !!
The stock can potentially rally now, hold for targets !!
