It's a good breakout and formed cup and handle pattern in weekly timeframe. Price is still neckline and formed double bottom near support line. It's good for investing and swing trade. Good to buy now. It's only my view not a recommendation.
-> Ashok Leyland is making an inverse head and shoulder pattern at 1D at demand zone which also confluences with trendline support -> Conservative entry only after this pattern is broken at 1D timeframe -> For aggressive entry, there is another inverse head and shoulder pattern at 1H, we can go long after that is broken -> It is a classic case of a pattern...
Ashok Leland has doubled profits from last year and is forming an interesting bullish pattern.
ASHOKLEY touched Buy Zone, small stop loss 141 levels, we can plan for longs, ASHOKLEY can touch 153/167 levels in short term
Ashokley chart Analysis 28/11/23 Long : 170 Sl : 130 Target : 325 Enjoy !
I have presented my charts here. Entry at 176 seems sufficient. Volume is promising. No buy sell recommendation. NSE:ASHOKLEY
NSE:ASHOKLEY Swing Levels Wizard Levels/Zones >Hey buddy, Wait for the price to close above or below-mentioned zones. Once the price closes above or below, SUPPORT becomes RESISTANCE and RESISTANCE becomes SUPPORT. > If you're following these zones then kindly follow the rules too. Risk management, and Position sizing. > This is my perception of the market...
NSE:ASHOKLEY IPS Levels for LONG TERM Wizard Levels/Zones >Hey buddy, Wait for the price to close above or below-mentioned zones. Once the price closes above or below, SUPPORT becomes RESISTANCE and RESISTANCE becomes SUPPORT. > If you're following these zones then kindly follow the rules too. Risk management, and Position sizing. > This is my perception of...
**IT IS A LONGTERM IDEA** Follow the FIVE rules below 👇 1)Book whole profit at TP if u want to free up capital. 2)Stoploss is when deathcross happened 3)Stick to strict stoploss exit when hit. 4)Wait as long as it hits TP 🎯. 5)Keep your capital allocation at your own risk(adv:not more than 10% of available cash) **CHART IS SELF EXPLANATORY**
Ashok Leyand share Elliot Wave Analysis This stock start first wave 1999 price 1.45 end this wave 2010 price 40 or wave second start down side 2010 to 2013 price come down 40 to 12 and again upside move start wave 3 12 ruppes price to 174 price end and again price come down 170 to 34 price
Weekly Breakout and retested, Previous swing low is stop loss (132.40) and fib level 1.618 is target (247.80)
Entry - above 184 Tgt - 211 Timeframe - 30-45 days -- DISCLAIMER -- I am not a financial advisor or SEBI registered This is just a view Please DO YOUR OWN RESEARCH before investing in any stock Happy trading Peace
ASHOK LEYLAND: Trading near support. I think it is good time to add it in portfolio
Stock in lower low, lower high formation. Price breaks DEMA Macd not indicate clearly move RSI Bearish Go for short 164 Target with small stoploss RR very good Disclaimer This is my personal view for education purpose only No Buy sell recommendations.
Ashok Leyland gave a powerful ATH breakout, trend is good as price making higher highs and higher lows, currently price retesting its breakout level on weekly TF. If market conditions stays supportive, it can give an impressive bullish move.
Price has broke out of a cup with handle pattern and has retested the support. Good to enter at CMP with its technical target at 300 and SL at 162. Around 70% ROI in medium term with 9:1 R:R. Robust fundamentals. Do your own due diligence before taking any action. Peace!!
12/07/2023 Ashok Leyland on monthly chart Cup and Handle pattern BO above 170 Target : 10 to 20 % SL: as per your convenience
Ashok leyand daily time frame stock move upside 5th wave . some time before ashok leyand complete 4 th wave descending triangle