Ashok Leyland Analysis

Ashok Leyland Analysis. As on 15 April 2020. CMP 49 Price is likely to make another low below 33.70 to complete the larger decline. Price is currently in a counter-trend rally in wave iv that is almost complete.

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Ashok Leyland Analysis

Ashok Leyland Elliott Wave Analysis. As on 23 March 2020. CMP 36 The recent decline has made it highly probable the level of 28.75 would be violated.  This would mean the larger structure has changed to an ABC rally that ended at 167. A decline below 28.75 would open up the downside even further.

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Ashok Leyland Analysis

Ashok Leyland Elliott Wave Analysis. As on 24 Feb 2020. CMP 85 The upside is likely to be choppy in a larger wave B (in blue) of a large triangle. (2 week / 2 month chart). This large wave B (in blue) is expected to reach the 120 ~ 130 level. Too early for a […]

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Ashok Leyland Analysis

Ashok Leyland Elliott Wave Analysis. As on 31 Jan 2020. CMP 83 The upside is likely to be choppy in a larger wave B (in blue) of a large triangle. (2 week / 2 month chart).  This large wave B (in blue) is expected to reach the 120 ~ 130 level. The 2 day chart […]

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Ashok Leyland Analysis

Ashok Leyland Elliott Wave Analysis. As on 14 Jan 2020. CMP 81 The upside is likely to be choppy in a larger wave B (in blue) of a large triangle. (2 week / 2 month chart). The 2 day chart is unclear as to near term direction. Too early for a buy trade just yet.

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Ashok Leyland Analysis

Ashok Leyland Elliott Wave Analysis. As on 24 Dec 2019. CMP 80 The upside is likely to be choppy in a larger wave B (in blue) of a large triangle. (2 week / 2 month chart). The 2 day chart shows a possible smaller bullish triangle being formed which on completion, should result in a […]

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Ashok Leyland Analysis

Ashok Leyland Elliott Wave Analysis. As on 5 Dec 2019. CMP 76 The upside is likely to be choppy in a larger wave B (in blue) of a large triangle. (2 week / 2 month chart). The 2 day chart shows a possible smaller bullish triangle being formed which on completion, should result in a […]

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Ashok Leyland Analysis

Ashok Leyland Elliott Wave Analysis. As on 14 Nov 2019. CMP 78 No change from earlier posts. Quote Price has likely put in a long time low at 57 in a larger wave A (of a bullish triangle). Price should currently be in a choppy wave B to the upside to the 120 – 140 […]

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Ashok Leyland Analysis

Ashok Leyland Analysis Price has likely put in a long time low at 57 in a larger wave A (of a bullish triangle). Price should currently be in a choppy wave B to the upside to the 120 – 140 level that could take another 8 – 12 months.

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