Ekdam jhakkas company hai dudes,,the outlook appears promising as the company has a strong product portfolio and is focussing on increasing market share. Sectoral tailwinds such as strong demand, better semiconductor chip supply, and softer raw material price have helped ASHOK LEYLAND post a strong set of numbers in Q3 2023. bhai log,,company ka medium se long...
last Week All Auto Stocks were traded well. Where Ashok Leyland were traded in very narrow range from oct.2022 at 141 to 159 level. here we can see the Bollinger Band has very tight Squeez from Oct.22 which were opened on Friday with high volume. so we can see the same rally in next week the stock can move to 155 to 159 levels once 159 level break the stock is...
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.
ASHOK LEYLAND for a big breakout on Daily Timeframe.
Finally Ashok Leyland break his downtrend This is the best time to enter this stock Flag pattern formation Target 🎯 - 190
In a descending trend and took a weekly good support
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.
ASHOKLEY touched Buy Zone, small stop loss 141 levels, we can plan for longs, ASHOKLEY can touch 153/167 levels in short term
With a target of 165 -168 Ashok Leyland would probably continue its onward journey from the CMP of 149. Stop Loss: 140-141 Return : Mid Risk: Low
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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.
AVWAP AND RS Long set-up for 170 target. Avwap support and Fibbonacci 38.2% retracement
Ashok leyland close above 167 can give a big movement 25-30% upside possible, if daily close is above 167 time frame - by jan'23
Ashok Leyland is on a break out level at 2018's high. It will retrace now to 152-148 level in short term before making another high or low. Next few trading sessions will be interesting to watch. I will buy once it retrace to range of 156-140 for 3-6 months time.
stock is heading towards the meeting point of R3 picot point and the channel top which is at 181.7
Ashok Leyland: Keep eyes. It is formed copy book C&H pattern on weekly time frame. At this juncture, more then a BO some more sideways price & time consolidation will give more solidity for sustainable BO. Overall view here and for Autos is continue to be positive.
Cup and handle pattern breakout...new price range..buy ..stop and tgt given on chart
Ashok Leyland_Short Term Target Head & Shoulder Pattern. Ideas for this are welcome