Monday, April 6, 2015

ASHOK LEYLAND: Stock is hovering near November 2010 highs.




On monthly Charts, Stock is seen trading near Nov 2010 highs, this previous high may serve as potential resistance for the stock.

Long legged Doji with small real bodies near previous high are also apparent on the monthly chart.

Stock holds good support in between 58-53 levels.

RSI is oscillating in overbought zone.


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