Ashok Leyland : For Investment wait for below 100 price, if sustain below 100 then we can also get 85-90. Overall it's in bearish setup of Lower Low - Lower High & Big Head & Shoulder also in formation, so overall it's looks more bearish now.
Good support near 100-104. Add in parts, if sustain below that then it will try to get support at 90, after that last is ...
Selling Bank nifty at this juncture will be beneficial.
Bank nifty 24200 calling, Above 25400 will negate this structure, Confidence level 95%.
1. Formation of LH-LL.
2. Break down from Bullish channel.
3. Breaking of 24800 will be very bad for bulls.
4. Price is within range in Bearish channel.