Stock of the day : Ashok Leyland Ltd For Target Rs. 192- Religare Broking
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Ashok Leyland Ltd
* We are seeing decent traction in the Auto pack and ASHOKLEY is expected to witness a catch-up rally.
* Its has reversed strongly finding support around its previous breakout zone.
* Following price action and uptick in volumes, it looks set price to reclaim its previous swing high.
* We thus recommend creating fresh longs in the mentioned range.
Buy Ashok Leyland Ltd CMP 181.55; Range 180-182; SL 176; Target 192
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