Stock of the day : Buy Ashok Leyland Ltd For Target Rs.164 - Religare Broking Ltd
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Ashokley
* Auto is among the best-performing sector at present and it has made a new record high as well.
* Ashokley has also started witnessing traction, after forming a base around the 100 EMA on the weekly chart.
* It has also crossed the trendline hurdle of late, which is further adding to the positivity.
* We thus recommend creating fresh longs in the mentioned range.
Buy Ashok Leyland Ltd CMP 152.55 ; Range 151-153; SL 147; Target 164
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