ASHOK LEYLAND LTD
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SELL ON RISE

111
weekly n daily charts of ashok sees huge resistances in the 90-95 band....
its a sell on rise opportunity in the stock !!
i feel the stock would consolidate in the 80-85 band and hence traders should use this opporunity ..

sell the feb 95 CE at present rates to pocket the max part of the premium ...one can sell more if script reaches the higher edge of the red band !
Trade ativo
Nota
Ashok Leyland can b sold at present rates !
SL 88
Target - open
Trade ativo
Nota
Though SL hit but I'll keep holding until red band is breached !
Trade ativo
Nota
Respect for red band still there !

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