Moneycontrol
Last Updated : Jan 02, 2018 03:25 PM IST | Source: CNBC-TV18

Ashok Leyland may touch Rs 136: Rajat Bose

Rajat Bose of rajatkbose.com feels that Ashok Leyland may touch Rs 136.

CNBC TV18 @moneycontrolcom

Rajat Bose of rajatkbose.com told CNBC-TV18, "Technically there is a possibility that Ashok Leyland might scale up to the highs reached in October; that was a little above Rs 133. In fact my target for early February is about Rs 136 and I would suggest putting a stoploss below Rs 105 or so because if it were to go to about Rs 133-135 and not take out Rs 136 decisively, at least half of the positions I would liquidate because this stock will give another chance to re-enter at lower levels."

"So that would be a good opportunity, book a short term profit. The long term looks pretty good even on the charts, so that way you can trade this as well as hold for the long term," he added.
First Published on Jan 2, 2018 03:15 pm
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