ashokleyland

tomriddle92 tomriddle92 ASHOKLEY, D, Short ,
ASHOKLEY: Short Ashok Leyland
41 0 3
ASHOKLEY, D Short
Short Ashok Leyland

Unless we see closing above 95.6 on the daily chart, there is high probability that Ashok Leyland might go down to 84.5

abhilashp296 abhilashp296 ASHOKLEY, D, Long ,
ASHOKLEY: Buying opportunity in Ashok Leyland
32 0 5
ASHOKLEY, D Long
Buying opportunity in Ashok Leyland

Ashok leyland has formed a morning star pattern accompanied by good volume. It has traded within the downward channel for past few days. Any open above the trendline (around 91) can be seen as buying opportunity with a target of 95. I am still learning technical analysis. Please feel free to provide your views on my idea.

tushargupta1991 tushargupta1991 ASHOKLEY, D, Long ,
ASHOKLEY: Possible bottom in Ashok Leyland
35 0 2
ASHOKLEY, D Long
Possible bottom in Ashok Leyland

It seems that Ashok Leyland has completed a Flat pattern with an extended c wave (c=1.618*a). It can be longed with a small SL of yesterday low for new highs. Further confirmation would be above the UTL.

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