ASHOKLEY trade ideas
Ashokley - Bullish Divergence SpottedStock may have taken support here from a down trend. Also Bullish divergence is there in RSI. This can be a swing trade if the support is proven to be correct.
Disclaimer :- Kindly do your own research before taking any position. Market is all about probability, maintain you SL stickily.
ASHOK LEYLAND The stock can give a good move up to the level of 145.
Buy - 134+
T1 - 137+ (By 07-02-2021)
T2 - 145+ (By 12-02-2021)
SL - 132
Triggers -
Better earnings are expected to be reported for Q3.
Announcement concerning scrappage policy in the Union Budget is considered good for the automobile's commercial vehicle segment.