Key Levels for Ashok LeylandPossible breakout to upside:-
Buy near Rs- 125 for the range of Rs 140 price only if bullish reversal candle forms.
Ashokleyland
ASHOKLEYI'm not an expert I'm just sharing my views on ASHOKLEY for next trading day
I'm not responsible for any profit or loss this is not a recommendation
ASHOKLEYI'm not an expert I'm just sharing my views on ASHOKLEY for next trading day
I'm not responsible for any profit or loss this is not a recommendation
buy ashokley above 93.85 tgt 96 and 97.80please buy ashokleyland above 93.85 tgt 96 and 97.80 sl is 1 point only . use pivots for tgt and sl
Ashok LeylandIt 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 together.
Please support the effort and appreciate it with a Like if you felt it deserves it and Following me would only add on to the motivation.
Ashokleland can go long after breakout from this trendline 30minAshokleland can go long after breakout from this trendline 30min
Ashok Leyand - 124 coming soonAshok 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.
Will going upward to 91 in NovemberIf 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 to 130 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.
2%TARGET ACHIEVEED IN ASHOK Leylandfirst Breakout have the confirmation
second breakout have the entry
Rsi was in favour and convincing Close up
Buy 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 Bullish TrendAshok 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.
ASHOK LEYLAND LEYLAND BULLISH Ashok Leyland looks good for short time buy entry @CMP for targets of T1-86,T2-98 with SL of 72
Ashok LeylandClose above resistance with huge volume indicating possible upmove.
Go long for target 77.40 , cmp - 61.10 with stoploss of 53 (trailing)
Swing/Short
R-0212 Short Term Buy ASHOKLEY @74.70-75.10 SL 73 TGT 78.50Short 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.
Ashok lay Daily short 63.2-66Ashok 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 min nice demand, the its just playing with a 15 min lower demand zone.
One way strong bullish momentum for last 2 days and on the other hand its reacting from a daily high probability supply.
So, price should drop further
