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ASHOKLEY Share Price Discussion

Ashok Leyland Ltd.
Sector: Auto
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BRIEF-India's Ashok Leyland Sept Quarter Profit Slumps
SEPT QUARTER PROFIT 388.7 MILLION RUPEES VERSUS 5.28 BILLION RUPEES LAST YEAR
CONSENSUS FORECAST FOR SEPT QUARTER PROFIT WAS 1.32 BILLION RUPEES
ASHOK LEYLAND LTD - SEPT QUARTER REVENUE FROM OPERATIONS 39.3 BILLION RUPEES VERSUS 76.21 BILLION RUPEES LAST YEAR
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Soo... Wat to do on monday..
Sam @samsir
Nov 9 2:15 AM

Hey
I have take ashokleyland@78. What should I do on Monday ?

Monday if it retests 79 to 80 early in trade then maintain 77 as sl and continue. If opens slightly lower wait for 73 to 74 levels as sl for safe traders. For risk traders wait for 69 levels if you see a bounce hold if 69 is broken then you can see selling towards 60. This is my technical approach. Hope this strayegy worms for you

@piyushprakash Overall Ashok Leyland net profit declined 92.8% y/y to Rs 38.9 crore, below estimates. Revenue from operations was also down 48.4% y/y to Rs 3,929.5 crore.
Recent posts in ASHOKLEY

ASHOKLEY - chart - 471074
View - Ashok Leyland LTP 76.50Rs
# Short Ashok Leyland
#Regression Channel Break Down at 78Rs
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ASHOKLEY - chart - 470481
ASHOKLEY : (SHORT) Selling pressure on Ashok Leyland. Short for target of 71.50
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I have sold Dec futures at 77.80....Please Suggest
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Ashok Leyland sales down 22% in November but beat estimates The company sold 4,209 light commercial vehicles in November, down 4 percent compared to the same month last year.
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BREAKOUT: BUY ASHOKLEY DEC ABV 81
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BREAKOUT: ONCE BOOK AND EXIT LONG IN ASHOKLEY NOV @ 81.20.
(BREAKOUT: BUY ASHOKLEY ABV 81 SL BELOW 75 TGT 87.50-94. GIVEN ON 13.11.2019)
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