Ashok Leyland has seen a good bounce back. All the mis conception of commerical vehicle sales slowing down seem to be negated. With the covid vaccine launch any time soon the demand for cold storage vehicles will drastically shoot up to make sure the vaccine reaches every corner of the country.
Buy with a target of 124 for now and watch out for more based on the trend.
Trade on confirmation and not on anticipation Believe in power of compounding
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