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Buy Ashok Leyland: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one can buy Ashok Leyland.

December 03, 2015 / 10:58 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "I don’t think that trend in Ashok Leyland will change soon. It means you want to buy it on dips but the way the Nifty’s roof was 8,000 and we couldn’t cross it, it does appear that for the time being Ashok Leyland's resistance at the earlier highs will remain intact. However, the stock is only to be bought not to be short sold."At 10:52 hrs Ashok Leyland was quoting at Rs 92.35, down Rs 0.50, or 0.54 percent. It has touched an intraday high of Rs 93.00 and an intraday low of Rs 92.10.

first published: Dec 3, 2015 10:58 am

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