Ashok leyland long time cup & handle Bullrun

19 Mei

Ashok leyland has 5 years breakout. That too is cup & handle pattern. Targets are normally double from here. That too had bullish wedge breakout too. I am long since 165 though. There is double strength in the stock. I have also demonstrated example1 on the left side. past cup & handle pattern brekout and target. Used fibo extention for above 300 targets.

Keep this in mind. Options is a dangerous instrument to play. Please do not go wild on anything unless you know exactly what you doing. Even though your direction is right still you tend to loose in option buying. And market can always prove me wrong and i take that rights too. Experience traders also fail in this market. Only risk management will give you an edge. Don’t take any trades without SL. Respect the market, Ungli nahi katoge to pura hath katna padega. Beware.


DISCLAIMER: I AM NOT SEBI REGISTERED ANALYST. ALL POSTS ARE EDUCATIONAL PURPOSES.NON ADVISORY, DISCRETIONAL NO CLAIMS, RIGHTS RESERVED. I AM NOT RESPONSIBLE FOR YOUR PROFIT OR LOSS.

24 Mei

Nota

Bit mixed result. Let's see where it lands next week. Till then no trade active now.

28 Mei

Nota

300 will come quickly.

29 Mei

Nota

It will test the 220 level one more time then boom again....

12 Jun

Nota

Going really good. 250 loading. Then consolidation there and blast upto 300

16 Jun

Nota

As said. 300 will be an easy target.

25 Jun

Dagangan aktif

I keep saying 300 is the first immidiate target.

13 Jul

Nota

225-250 accumulation zone only. it will again blast above 250. Investors can buy the dip. Traders now stay away till the breakout happens again.

27 Jul

Nota

above 250 it can go further.

23 Ogo

Nota

above 260 closing. 300 is not far.

2 Sep

Dagangan aktif

Holding 250 level. It's bullish only.

8 Sep

Nota

need closing above 250 levels for further bullishness

15 Sep

Nota

245 and above always bullish.

20 Nov

Nota

in the buying zone now.