
What about ashok Leyland for long term.?


Ashok Leyland has been under pressure for the past four weeks and has finally broken down from a Descending Triangle pattern on the daily chart.
The stock has also broken below its short-term moving averages indicating further downside cannot be ruled out.

Long term investment for short term.buy in bulk will go till 125-135 in next 2-3 months

Strong support zone for 100 to103 for ashok Leyland and strong resistance zone at 110 to 114 buy above this level you achieve target 135 inthe 3 months.

It is one of the Auto stocks which have taken the hit because of lower demand. But for long term this is one of the best Auto stocks. Accumulate in dips

Investers can buy Ashok Leyland stocks at around Rs 110 for the target of RS 150 in the short -term Time horizon. "However, for the long- term time horizon, Avinash Gorakdhkar said that Ashok Leyland is expected to go up to RS 220 and that means one can buy the counter for almost 100 percent gains.

TECHNICALLY ASHOKLEY IN UPTREND
SUPPORT LEVEL FOR LONG TERM
S1 108
S2 100
S3 80
IF YOU SEE STOCK TRADING AT THESE LEVELS YOU CAN ADD MORE STOCKS TO YOUR PORTFOLIO
This is a multibagger stock in 5 years