Ashok Leyland Update

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1. Ashok Leyland is a stock worth holding and has presently bottomed out and is in the process of forming a bullish pattern.

2. The stock can be held as an investment as well as a trading buy and the same was the reason that we had recommended a buy on the stock for today trading. The stock has to hold above 37 levels and one can safely enter in this counter if this scenario exists.

3. Prospects of ashok Leyland are bright and one can add the same to an individual portfolio as being optimist one can say that Sensex will touch 21000 levels with in next 12 months and being pessimists one can say that market will break the January lows and thus again stocks will be available for buying in an open sale.

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