please buy ashokleyland above 93.85 tgt 96 and 97.80 sl is 1 point only . use pivots for tgt and sl
It is a Weekly Chart. Around the zone of 100 is an intersection of a few resistances, so it is better to enter above 101. ***** Help Me to Help Us. I believe in keeping the chart simple with minimal drawings & easy to interpret. Always keep a stop loss to rescue you out of troubles. So kindly express any disagreement & improvements so that we learn & earn...
Ashokleland can go long after breakout from this trendline 30min
ashokleland ready to go fly
Ashok Leyland has seen a good bounce back. All the mis conception of commerical vehicle sales slowing down seem to be negated. With the covid vaccine launch any time soon the demand for cold storage vehicles will drastically shoot up to make sure the vaccine reaches every corner of the country. Buy with a target of 124 for now and watch out for more based on the trend.
Can give breakout today. If Long : Target 82.80 If Short : Target 75.35
If it take support from the trend line, it will move to uptrend to reach its resistance level and we can see the levels of 91 in November to December.
Ashok Leyland is forming a huge H&S pattern on daily. It will come down to create a right shoulder and then backup up to 130.
For today we will look to: Buy Above 83.5 T1: 87 SL: 82 RR: 1:2.5
first Breakout have the confirmation second breakout have the entry Rsi was in favour and convincing Close up
Little targets 75/77 Main Stop loss at 69 *Disclaimer : I just shared my view. Please analyze and proceed with your comfortable views.
Ashok Leyland has taken support on Trend Line It has good long term support @ Rs.75. RSI has bounced @ 60 in Sep 2020 and since then it has shown support. Seems like a good buy for long term if it consolidates at Rs.75 or at next bounce of RSI @ 60.
Target 69/71. Main Stop Loss in 63
Ashok Leyland looks good for short time buy entry @CMP for targets of T1-86,T2-98 with SL of 72
Close above resistance with huge volume indicating possible upmove. Go long for target 77.40 , cmp - 61.10 with stoploss of 53 (trailing) Swing/Short
Short Term Cash Buy ASHOKLEY @74.70-75.10 SL 73 TGT 78.50 Above VWAP 73.25 on 30min chart + ichimoku cloud break out at 68.50 + MACD cross over + Next resistance is 77.95 so book around that level.