About 2 months ago there was a post about Ashokley , that is forming and bat completed after 2 months of wait n in the zone, I have attached that idea below. Currently,
(i) Ashok Leyland is bottoming out in previous
(ii) quite strong with no. of retests
(iii) After confirmation , initiate Longs
(iv) The may or may not work depending on general sentiment on Nifty
(v) Stops below 77 will be good idea,so check your risk n reward
Depending on your Risk Reward choose Target or you can carry it as long term after checking Fundamentals
I didn't check fundamentals of Ashok Leyland !