Ashok Leyland bearish divergenceOne can go short on Ashok Leyland with a stop above 80 on closing basis for targets of around 66 , bearish divergence on all indicators and MACD has also given confirmation as it has turned negative
ASHOKLEY trade ideas
Ashok Leyland on Weekly SupportAshok Leyland looks good 64 for accumulation at this price for long term portfolio.
Ashok Leyland - Short Term BuyHi,
Ashok Leyland is giving a good buy above 74.20, with SL of 69.90 and targets of 80/85.
Has Good Volume
Macd is very much positive
RSI is above 50.
So seems a very good setup for short term Trade.
ASHOKLEY - BUY WITH A SL OF 59.6 AND A TARGET OF 91 ASHOKLEY - BUY WITH A SL OF 59.6 AND A TARGET OF 91 BY MID-OCTOBER
Don't short Ashok Leyland now
My sentimental RSI has turned green , don't short Ashok Leyland now. Also my sentimental volume indicator also show's green , this mean volume has increased with the up move in last two sessions.
Happy Trading and Investing !!
521 SAN; wk review; price at risk reward zonePlan.1 buy zone at 80 with strict sl of 77.5 closing and p1 at 90
Plan 2: buy above 90 with sl of 87.5 and trail the tsl as may become w3.
plan 3: breakdown of 77.6 leads to 72.50
plan 4: further breakdown of 72 leads to 55 as mega c wave.
#ASHOKLEY buy @ 66.5 - 65.2 with strict #SLNSE:ASHOKLEY
Maintain #SL & TGT as mentioned in the chart
AshokLeyland support level is mentioned in graphThere are no recommendation to buy and sell on this stop. its just study purpose.
Keep in Radar Ashok ley...strong one side move is expectedKeep in Radar Ashok ley...strong one side move is expected.
If 79 level break then tgt is 65
#ASHOKLEYASHOK LEYLAND
Sector: Consumer Cyclicals
Industry: Auto & Truck Manufacturers
Employees: 11835
Ashok Leyland Limited is a holding company. The Company is engaged in Commercial vehicles and related components. Through its subsidiaries, it is engaged in manufacturing and trading in Medium and Heavy Commercial Vehicle, Light Commercial Vehicles, Passenger vehicles, automotive aggregates, vehicle financing and engineering design services. It offers a range of 18 to 80-seater buses under categories, such as city application and electric buses. It offers a range of trucks, which include long haul trucks, mining and construction trucks, and distribution trucks. It designs, develops and manufactures defense vehicles for armed forces. It offers Light Vehicles, which include DOST, PARTNER, STiLE and MiTR. It offers power solutions for electric power generation, agricultural harvester combines, earth moving and construction equipment, and marine and other non-automotive applications. It has operations in India, Sri Lanka, Bangladesh, Mauritius, the Middle East and Africa.
