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Wednesday, May 18, 2011

Ashok Leyland Technicals

  • The stock which is in auto sector is range bound between 45 to 60 range
  • Now it's trading around lower range 
  • If it closes below 45,it will drag towards 36
  • Sustaining above 45 leads to 53 
  • Above 53 - 59&63 are upside resistances
  • Long term support placed at 31

Disclaimer : No positions in above stocks