#AshokLeyland on a Daily TF in a dangerous zone

٣١ يوليو ٢٠٢٠

Ashok Leyland chart clearly shows weakness and on the verge of a breakdown. If it does not find support on Monday (closing above 51) then 46/45 levels can be seen, Vehicle scrappage policy announcement could give a breather. Q1FY21 on August 12 but wont be that fancy due to Covid-19 lock down period.