The critical make or break zone is around 121 and if it crosses the 121 marks then it is the good time to short sell this share. For short term target trader should eye 119 as its target. Further support are 115 and 112. Extreme behaviour can take it to 100 mark.
Ashok Leyland is an Indian automobile manufacturing company headquartered in Chennai, India. It is owned by the Hinduja Group.
Founded in 1948, it is the 2nd largest commercial vehicle manufacturer in India, 4th largest manufacturer of buses in the world and 12th largest manufacturer of trucks globally.