NSE, FUTURE, OPTIONS, BSE, MCX, CURRENCY
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One Target One SLRecommendations
ASHOK LEYLAND belongs to Auto sector. NSE Code of ASHOK LEYLAND is ASHOKLEY. BSE Code for ASHOK LEYLAND is 500477. Face value of ASHOK LEYLAND is Rs. 1. ASHOK LEYLAND is available for Future and Options trading. Lot size for ASHOK LEYLAND Future is 4500. (Time to time lot size changed by exchange, so please check it once before taking any action).
09 May 2020 : Ashok Leyland closed at 47.05. If we check last 5-6 session data, then we can see stock daily making new low. Only 8th May low, just above 7th May low. It is indicating weakness of stock. As per daily chart 43.50-44.00 is good support for positional trader. It is not adviced to make any short or long position at current level. Above view only for education purpose.
09 May 2019 : Big sell off going on in Market and all good stock not performing. Since a long time Ashok Leyland struggling to cross 100 level but not getting success. As per current level, 89-90 is the immediate resistance for stock. Support level for Ashok Leyland in 80 to 82 zone. 75-77 range is very important for this stock, below this level if sustain for a week then we can see this stock below 70 also. So till stock above 79-80 no worries and one can wait for long term target 135 to 140. As this month big event there, and if everything good then we can see good rally in this stock. One can buy Ashok Leyland Future or Ashok Leyland 85 call options or Ashok Leyland 90 call options or Ashok Leyland 95 call options or Ashok Leyland 100 call options as per his capital and risk capacity.
