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NIFTY VIEW
Nifty has its daily trend turned up after 5 days while weekly trend continues to be down. The monthly trend would very likely turn down below 10795. The bias hence remains sideways for this week having a range of 10320 & resistance of 10640. Tech sector continues to be in positive along with few Pharma stocks and consumer goods like Britannia.
BUY ASHOK LEYLAND
CMP: Rs 134.40
TARGET: Rs 146
STOPLOSS: Rs 128
The stock has made a higher bottom formation pattern in the daily chart taking support at around 130 levels and is poised for an upward move with positive
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