ASHOK LEYLAND now completing bearish hormonic pattern, once its closed 126 then it will fly
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...
Ashok Leyland - 147.50 / 151 by 10th /17th Nov. Ashok Leyland on a rebound
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
watch and learn.. comment for more usefull information and free learning with me...
Refer chart for details Stock is currently trading near the trendline support level and has reversed in lower time fame by forming higher high structure
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
weekly support resistance pennat pattern form in ashokley strong @113 support from last 3 month way to long view
PLease observe this chart and shre your views
All levels are mentioned on chart. Happy Trading :)
Ashok leyland is showing a very nice wave formation at current level it looks like we have completed wave A and heading for wave B which has 3 wave in it and two waves already over and now we are heading for the third wave which is trade able for a very short target of 127 but if the whole ABC correction is over than we are heading for bigger Wave 3 which can...
Possible breakout to upside:- Buy near Rs- 125 for the range of Rs 140 price only if bullish reversal candle forms.
Go long for target 87-95-105 with tsl 60