Ashok Leyland is around the medium support With the support EMA is also working and we are getting support around the same level Support levels are 155-160 We can see jump upto 210 level in coming weeks Thank You !! Disclaimer : We are not SEBI registered analyst. Do your own research before taking any investment decision.
Ashokley daily chart moving in consolidate & break 200 EMA. It will break & come at 155
This chart reveals a harmonious convergence of price action and key indicators, suggesting a potential buy opportunity on the horizon. The stock has displayed remarkable strength, with patterns that indicate a possible upward trajectory. Reasons are stated below : price tested 168 levels twice on weekly tf and finally has come down to retest after a strong...
Patience bears sweet rewards. Ashok Ley has been testing lot of patience but the time to reap rewards has come. With a SL below 160 one can go long for a target of 250.
Dive into the dynamic market landscape as we spotlight compelling opportunities surrounding Ashok Leyland (ASHOKLEY). NEOALGO's analysis unveils a promising scenario with a recent buy signal and robust support from an order block, complemented by an upcoming earnings event. The convergence of a buy signal and support from an order block signifies a potentially...
Ashok Leyland can start a new rise from here for new highs.. Risk reward wise looks strong if hold 173 levels.. We can see a target for 200 -215 & medium term target for 260. Ichimoku & wave counts support the move
NSE:ASHOKLEY has retested major R become S and consolidated above 167. We can see long term move above 173 with SL of 165 and can average till 167. Major targets levels are highlighted in blue lines.
Ashok Leyland (Swing): AL has broken and retested a major resistance. The script is set for a 50-60 % up move. Appropriate support, resistance levels are highlighted with target. Keep adding between 170-180 with a SL around 160. Trade offers a RR of more than 1:6. Note: Do your own due diligence before taking any action.
ASHOKLEY touched Buy Zone, small stop loss 141 levels, we can plan for longs, ASHOKLEY can touch 153/167 levels in short term
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!!
Ashokley 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 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.
NSE:ASHOKLEY BSE:ASHOKLEY ASHOKLEY - short. expected fall, Lets see.
NSE:ASHOKLEY One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle. 2. Close, should be good and Clean. 3. R:R ratio should be 1 :2 minimum 4. Plan as per your RISK appetite Disclaimer : You are responsible for your Profits and...
WAVE 1 : Wave 1 can be either a 5 Wave Sequence structure or a 3 Wave Sequence structure as well, but a 3 Wave Sequence comprises of two 5 Wave Impulse structure hence when Wave 1 is a 3 Wave Impulse WAVE 3 is supposedly way bigger than WAVE 1.(In the above pic also we see WAVE 1 is a 3 Wave Impulse structure.) Let's Move to WAVE 2 . . . WAVE 2 : Wave 2 and...
As Nifty is trading above its resistance area, it looks like the growth is being pushed by AUTO and FMCG Sector. AUTO Sector has recently broken out of its resistance area and it seems it will continue to go higher in upcoming weeks. Checking out AUTO STOCKS, Ashok Leyland looks a good pick. The price has broken out of its resistance area and is trading above...
The shark harmonic pattern is visible in the Ashok Leyland, And the target of leg D (Target 170-80) is still pending. and this stock fundamentally very good & now there structure showing strength in chart. Good stock for short and long term
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.