Visionary_Growth_Insights

SWING IDEA - ASHOK LEYLAND

شراء
Visionary_Growth_Insights تم تحديثه   
NSE:ASHOKLEY   ASHOK LEYLAND
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 breakout
  • 0.382 Fibonacci level support
  • 50EMA support on daily tf
  • formed 2 hammer like candles with a long wick indicating a buy-push


ASHOK LEYLAND is a fundamentally strong stock on which we can rely.
this seems to be a golden opportunity to buy this gem.

TARGETS - 207 // 233 // 260 // 300
SL - 154

thank you.
تعليق:
We can see a double bottom pattern on daily timeframe, can add up some quantity.
تعليق:
We are up by 8.4% from buying price.
It made a high of 9.4%.
Stock looks quite strong, we can hold for our targets.
تعليق:
currently, stock is in consolidation phase.
Technicals look quite promising, so we can hold till targets.
تعليق:
stock is still consolidating. Once 190 level is taken out we will see a sharp upmove.
تعليق:
Accumulate as much as possible, even if you're looking for investment.
This the best price.
تعليق:
A strong marabozu candle on weekly timeframe shows incoming momentum.
The stock can potentially rally now, hold for targets !!
تعليق:
Achieved 15% ++
Hold for targets
تعليق:
We are very close to our 1st target
Price made a high of 19.5% ++

التحليلات ذات الصلة

إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.