ASHOKLEY

Ashok Leyland is showing a strong technical setup after recent consolidation, indicating the possibility of momentum in the upcoming session. Key Observations: • The stock has been holding above key support levels, suggesting buying interest on dips. • Auto sector continues to show relative strength in the market. • Price action indicates potential for a breakout move. Technical Setup: The stock is trading near an important resistance zone. A sustained move above this level could lead to short-term upside momentum. Levels to Track: • Buy Above: ₹190 • Target: ₹196 – ₹200 • Support / SL: ₹184