Ashok Leyland

Y

y2j826

Active Member
#1
#1
Hello Everyone,

I have ashok leyland in feb fut @ 55.35, and it went to 52.10 last day when mkt dipped down, can it touch 56 in next 2 months or if not then whats the bottom level i can see in that ?
 
A

adamke

New Member
#2
#2
Ashok Leyland has resistance of 55-57 and support of 48 in cash. If it crosses this resistance with volume it has next target of 62+. Also february future is trading at a premium of around Rs.1/- which shows lot of interest in the scrip. In auto sector commercial vehcile companies are expected to good as compared to passenger vehcile and two wheelers. I suggest hold on the future. You can also short 60/- January call for around 2/- and earn some money.
 
A

anjubhatia

Member
#3
#3
adamke said:
Ashok Leyland has resistance of 55-57 and support of 48 in cash. If it crosses this resistance with volume it has next target of 62+. Also february future is trading at a premium of around Rs.1/- which shows lot of interest in the scrip. In auto sector commercial vehcile companies are expected to good as compared to passenger vehcile and two wheelers. I suggest hold on the future. You can also short 60/- January call for around 2/- and earn some money.
Click to expand...
Dear sir,
do u mean that ashokley jan 60ca can go upto 2??
current price is 1.10
 
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