Stay invested in Ashok Leyland: Prakash Gaba

Name: Stay invested in Ashok Leyland: Prakash Gaba
Uploaded: 2017-07-21T14:51:56+05:30
Description: Prakash Gaba of prakashgaba.com is of the view that one may stay invested in Ashok Leyland.

Prakash Gaba of prakashgaba.com is of the view that one may stay invested in Ashok Leyland.

July 21, 2017 / 15:45 IST

Prakash Gaba of prakashgaba.com told CNBC-TV18, "Ashok Leyland has seen a good upmove. Very strong support on the Rs 75-80 zones. Just hold on."

He further added, "It has seen a good 10-month consolidation, given a breakout there. Even if it comes down, just hold on. A fresh buy signal has emerged on a higher timeframe which basically means even the Rs 115 highs that we have seen will taken out. It is a matter of time."

At 14:49 hrs Ashok Leyland was quoting at Rs 102.25, down Rs 3.70, or 3.49 percent.

first published: Jul 21, 2017 02:51 pm

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