AshokLeyland - buy until 116, can give 57% in 4-6 months

https://in.tradingview.com/chart/wrWPQlOm/

As per Elliott wave theory, Ashok leyland is trading in wave4 and has formed a Flag pattern, this is at a good price and can be bought until 116 with a stoploss at 108. This can go till 183, with a target of 148 in short-term and 183 thereafter, hopefully in less than 6 months.
ashokleylandautostockshort-termWave Analysis

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