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Stock of the day : Buy Ashok Leyland Ltd For Target Rs.184 - Religare Broking
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Ashok Leyland Ltd
* Ashokley has witnessed a breakout from brief consolidation, with noticeable volumes.
* Formed the base while holding above the support zone of short term moving average i.e. 20 EMA.
* The chart pattern combined with strong volumes suggests resumption in up trend.
* We thus recommend creating fresh longs in the mentioned zone
Buy Ashok Leyland Ltd CMP 169.80; Range 168-170; SL 162; Target 184
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