As Nifty is trading above its resistance area, it looks like the growth is being pushed by AUTO and FMCG Sector. AUTO Sector has recently broken out of its resistance area and it seems it will continue to go higher in upcoming weeks. Checking out AUTO STOCKS, Ashok Leyland looks a good pick. The price has broken out of its resistance area and is trading above...
The shark harmonic pattern is visible in the Ashok Leyland, And the target of leg D (Target 170-80) is still pending. and this stock fundamentally very good & now there structure showing strength in chart. Good stock for short and long term
Ashok leyland this stock is trading in a INVERs head and shoulder pattern. Wait for breakout for entry. Note the retest line. This all my study analysis.
ASHOKLEY reversal can be from previous support level . Can go up to and beyond trendline.
The Scrip is looking weak and it has formed a HnS pattern on chart., 140 is a good support of this stock and breaking below this level can lead to a good correction. Keep this in radar.
As per my analysis NSE:ASHOKLEY best entry level is 143.50. Can hold positionally till targets of 151, 158 & 161 My stop loss will be 133.00 Note: This is my personal analysis, only for learning. Thanks.
Here's my analysis of Nifty, Banknifty and some top stocks along with my watchlist.
The second-largest Commercial Vehicle manufacturer in India. Already manufactured 40 electric buses for Chandigarh which will be operated under Switch Mobility Automotive Ltd. The high cost and range of EVs are the barriers unless every state govt. plans to start their fleet of EV buses and battery tech evolves with proper charging infrastructure. Private...
High volume indesition candle is formed towards breakout of head and solder with multitouch resistance..
Ashok Leyland 95 very good support if break out below it will come 87 but if break out strong support 87 i expect freefall
Swing 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...
Flag pattern is formed in chart which is supposed to go bullish on breakout.
The 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.
ASHOK 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
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Short 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
The stock has broken out with good volumes and retested the upper trendline. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 1:1 SL is placed below the support zone, Upper and Lower Trendline. The target is placed near swing high.
NSE:ASHOKLEY I am expecting a bearish trend in Ashok Leyland after a trend line break down today possibly in the 3rd of C Wave. It seems Ashok Leyland is in an ABC correction pattern. The depth of correction can be at 128.9, 126.55, 125.1, 121.3 and 119.75