This is weekly chart of ashok leyland CMP 121.70, If you see last weeks candel, a dragonfly doji candelstick was form, it indicate a reversal of a downtrend price and start of an uptrend, wait for this week candelstick formation as a confirmation of bullish trend, if 132.30 resistance level is broken in few weeks then stock can give good rally, This is for a short term.
The stock has touch 211 three times and now it's more likely to go up around 270, if the stock breaks the 270 resistance level then the stock might go up further and if its goes down and breaks the 211 support level then the stock might go down.
This analysis is for educational purposes
I hope it helps people to gain profit in this stock for the short term
