2025-09-09 09:41:55 am | Source: Religare Broking Ltd
Stock of the day : Ashok Leyland Ltd by Target Rs. 147 - Religare Broking Ltd
Ashok Leyland Ltd
Buy Ashok Leyland Ltd CMP 137.29 Range 136-138 SL 132 Target 147
* Ashok Leyland demonstrates pronounced bullish momentum, as price action persists above all key moving averages, validating the strength of the ongoing uptrend.
* The formation of higher highs and higher lows affirms clear trend continuation and buyer dominance.
* Supporting momentum indicators reflect sustained underlying strength, while major averages offer robust technical support.
* Given these converging signals and reinforced positive outlook, investors may initiate long position at the given levels.
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