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Siddharth_23

Ashok leyland-Head and shoulder pattern done, Buy now @113

Long
ASHOK LEYLAND (NSE:ASHOKLEY)  
Siddharth_23 Updated   
NSE:ASHOKLEY   ASHOK LEYLAND
Beyond Technical Analysis ashokleyland Technical Analysis fundamental-analysis valueinvesting long-term shortterm priceactionanalysis
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beyondta ashokleyland technicalanalysis fundamental-analysis valueinvesting long-term shortterm priceactionanalysis
Please note that our previous analysis of ashok leyland was for short side as we analyzed the Head & Sholder pattern and gave the target of 109 to sell futures. Now the pattern is complete and Bottoming is also done. Therefore, as more value is left in this stock so intitate buy for a short term target of 125 and medium term target of 140.
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