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TraderRahulPal
Feb 3, 2023 7:42 PM

BUY ASHOK LEYLAND TARGET 170+ Long

ASHOK LEYLANDNSE

Description

Ekdam jhakkas company hai dudes,,the outlook appears promising as the company has a strong product portfolio and is focussing on increasing market share. Sectoral tailwinds such as strong demand, better semiconductor chip supply, and softer raw material price have helped ASHOK LEYLAND post a strong set of numbers in Q3 2023.
bhai log,,company ka medium se long term outlook bahut he promising lag rha h management ki commentatory me dikha,,Trucks and busses ki demand ko dekhte hue ane wale quarters jhakkas result hone ke chances hain. pahle ki tulna me ASHOK LEYLAND ne market share gather krne me uplabdhi hasil ki hai,,overall bat kre to ane wale time pe stock price appreciation hone ki 100% sambhavna h,
ye sab dekhte hue ek trade lia ja skta h small points gain k lie,,buy at current price 152.2 and keep a stop loss at 142 and ride for upside with target of 170+..this company is good so if anyone wants to invest for long term,,definitely can go for long as company is awesome,,and dividend yield is also very attractive..
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Trade active

I think it has given another chance to get enter in down levels,,this is the best price to enter as this is gonna to take u turn from these level buy and shift stop loss little down..Thankyou

Comment

Awesome,, taken support as suggested.
Comments
Pravi733
It is also verge of breakout of inverted head and shoulder pattern
TraderRahulPal
@Pravi733 yes you are right 👌👌
TheNewsCrypto
Agreed
TraderRahulPal
@TheNewsCrypto thankyou sir 🙏
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