ASHOKLEY.NSE Ashok Leyland Ltd.
6,611
198.70
4.20
(2.16%)
| Watchers | 6,611 |
| 52-Wk Low | 144.10 |
| 52-Wk High | 205.10 |
| Market Cap | 571.56B |
| Volume | 12.39M |
| 52-Wk High | 205.10 |
| 52-Wk Low | 144.10 |
Trade Spotlight | Your strategy for Hindustan Aeronautics, Ashok Leyland, Mahindra Holidays todayMoneycontrol • 2 days ago
Ashok Leyland formed long bullish candlestick pattern on the daily charts. The stock has formed Tweezer Bottom kind of candlestick pattern, the bullish reversal pattern, and traded above all key moving averages.
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It is advisable to consider buying opportunities at the current market price, targeting potential upside levels ranging from 22,783 to 23,170 on the Nifty.
Ashok Leyland recorded healthy gains for yet another session and formed strong bullish candlestick pattern on the daily charts with above-average volumes.
The company clocked an impressive surge in M&HCV bus sales, recording an increase of 171 percent, with 2,074 units sold.
Domestic sales increased 9 per cent to 13,446 units last month as compared to 12,366 units in April 2023, Ashok Leyland said in a statement.
Over the next few days, the trend in the Nifty 50 index might remain sideways unless it breaks above the all-time high of 22,783.
The company has signed a Memorandum of Understanding (MoU) to provide financing to dealers under the bank's dealer finance programme, Ashok Leyland said in a statement.
ICICI Securities is bullish on Ashok Leyland has recommended buy rating on the stock with a target price of Rs 140 in its research report dated April 17, 2024.
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