Ashok lay Daily short 63.2-66 Origin of a big drop with a gap, so high probability trade. Ashoklay given 2 days exciting moves after quarterly result out(even though it was not so good) . After the rally in price in these 2 days, 3 rd day it also shoots up till that daily supply around 64, and from there price started to came down, so far it has broken a 5...
It is rising from the bottom channel testing the support and starting to move up, perfect buy location with the target of upper channel line
SWING TRADE FOR ASHOKLEY. TIME HORIZON (1-15) DAYS BUY AROUND 49-49.1 TARGET AROUND 52 STOP LOSS 47
Ashokleyland -54 by 18th June
As per chart we can see Short trade setup, wait for reversal
See how value creates support and resistance zones for price. supply and demand and how the sellers position themselves at the value high and buyers at value low. Once these levels get broken, there is a change in supply and demand dynamics. As you can see in the chart it was broken with pinbar ( shown rejection). Long Ashok Leyland Target toward 50-53 Thanks
ASHOKLEY - GO SHORT @ 48.9 WITH A SL OF 51.3 AND A TARGET OF 32. TARGET SHOULD BE ACHIEVED BY 20 MAY 2020.
ASHOKLEY - A GOOD BUYING OPPORTUNITY AT LOW OF 33.8. SHOULD NOT BUY ABOVE
WITH A VERY TIGHT STOP LOSS IN MY OPINION ASHOK LEYLAND IS GONNA DROP
ASHOKLEY - GO SHORT WITH A STOPLOSS OF 97 AND A TARGET OF 57 BY MARCH-END AND A FINAL TARGET OF 42. INTERESTINGLY ELLIOT AS WELL AS HEAD & SHOULDERS POINT TO THE SAME TARGET. CONVENTIONAL TA AND ELLIOT SEEMS TO BE IN SYNC
SELL ASHOKLEY (Ashok Leyland Ltd) BELOW 84.25
Take entry after the breakout, target by our own
ASHOKLEY (Ashok Leyland Ltd) BUY ABOVE 82
ASHOKLEY (Ashok Leyland Ltd) BUY ABOVE 78
Nifty auto index is ready for golden crassover now its the time to buy Ashok Leyland. Target 100 1) target 95 2) target 100
ASHOKLEY (Ashok Leyland Ltd) BUY ABOVE 83.5
ASHOKLEY (Ashok Leyland Ltd) SELL BELOW 76.5