Ashok Leyland looks good on a monthly chart

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I find Ashok Leyland at an interesting juncture on a monthly chart. Long view above 180 with a very good upward potential.

The stock broke the 5 year high of 167.5.

Good long term view, however for any trade please maintain a stop loss as per your comfort and a strict risk-managment system.

Note: Not a buy/sell recommendation. Do consult your financial advisor.