Buy Ashok Leyand with a upside target of Rs.92 keeping strict stop loss at Rs.79.55
Trade closed: stop reached:
Made a high of Rs.88.50 4 days ago and today stop loss breached. lower levels coming in Ashok Leyland, probably Rs.74-75
Trade active:
As Ashok Leyland has posted stellar results this quarter and has corrected a lot from the peaks, now is the time to invest again. I hope Bears have booked their final leg and made a low of Rs.77.75, Now is the time to get long in this counter for a rally back to Rs.94.25 on a monthly time frame.
Trade closed: target reached:
Ashok Leyland target reached Rs.94.25 on a monthly time frame!!! Suggested to buy at Rs.82