ASHOKLEY trade ideas
Driving to 190I have presented my charts here. Entry at 176 seems sufficient. Volume is promising.
No buy sell recommendation. NSE:ASHOKLEY
ASHOK LAYLAND Swing Levels 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 so, kindly do your analysis to get more clarity on the market.
> These levels might help you guys. As per my view, I'm sharing it with you guys.
> This is not a blueprint to happen, so kindly do your own analysis and my view. Thank you for your SUPPORT
ASHOKLEYLAND Levels for LONG-TERM 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 the market so, kindly do your analysis to get more clarity on the market.
> These levels might help you guys. As per my view, I'm sharing it with you guys.
> This is not a blueprint to happen, so kindly do your own analysis and my view. Thank you for your SUPPORT
A perfect Midcap stock for samvat 2080**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 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
ASHOKLEYWeekly Breakout and retested, Previous swing low is stop loss (132.40) and fib level 1.618 is target (247.80)
Ashok Leyland 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 supportASHOK LEYLAND: Trading near support.
I think it is good time to add it in portfolio
ASHOK LEYLAND 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 looks GOODAshok 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.
Ashok Leyland Swing SetupPrice 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!!
Ashok Leyand share elliot wave analysisAshok leyand daily time frame stock move upside 5th wave . some time before ashok leyand complete 4 th wave descending triangle
Ashok LeylandAshok Leyland has broken Cup & Handle pattern .
It looks bullish on weekly time frame.
Good entry point if it retest neckline.
It is not a recommendations, do your own research before entering in any stock.
ASHOKLEY, breakout soonAshokley can soon touch 200+ once gives closing above 192.
Momentum trader should wait for 192++
While value investor and swing trader can buy every dip.
The auto sector has shown bullishness but Ashok has yet to contribute in the rally.
Disclaimer: just an educational advice not a buy or sell.
Ashok Leyland bounce from supportAshok Leyland now in uptrend confirmed by a downtrend indecision DOJI on 14th september but has to cross 187 look for resistance trendline
Strong Strength Buy SignalWe can see a strong sentiment in Ashok Leyland Nifty Auto is down today but Ashok Leyland tested its previous resistance and took support today and climbed up with good move I think the stock will test its resistant at 156 in upcoming days as the stock is in the bullish momentum from past few days. Ashok Leyland might even go up above 156 if it breaks and takes support at 156. In live market I can see a hammer pattern formation till now made by the stock with high wick at the bottom that shows buying from lower level.
Write me if any modification in the analysis and do write me your view on this analysis.
Also please consult your financial advisor before investing
ASHOK LEYLAND make a bearish marubozu candle on chart
Also break 20 DEMA
Break nackline.
Macd give signal bearish crossover.
Good risk reward for short position trade.
Disclaimer:- this is my personal view for education purpose only.
No Buy sell recommendations give by me.
ASHOK LEYLAND CNH PatternAshok Leyland has broken Cup nd Handle neckline 167 - 168 levels. It looks bullish on weekly time frame with RSI above 60 pointing upward. It would be a good entry point if it retest neckline. If it continues the uptrend, we may see levels 300 in a year or two. It a good investment stock to hold for a couple of years.
Cup & handle breakout in Ashok leylandBreakout of long term resistance with a handle of Cup formation suggesting big targets for ashok Leyland ... likely to see a multi bagger from here ... target equals depth of the cup which comes out to be around 833
Ashok leyland close above 167 can give a big movementAshok leyland close above 167 can give a big movement
25-30% upside possible, if daily close is above 167
time frame - by jan'23
ASHOKLEY
The stock has given a breakout above its resistance given by the May 2018 all time high of 167.
The Monthly RSI has still not touched its Overbought zone.
In the past, a breakout above all time high has given a minimum test of 161.8% FR Level, so stock could see at least 250. Optimistic long term target is at 600 (423.6% FR Level).
Bullish view remains intact as long as price survive 165!
