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Ashok leyland

Discussion in 'Technical Analysis' started by caringvij, Nov 29, 2016.

  1. caringvij

    caringvij Active Member

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    caringvij, Nov 29, 2016
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  2. nirajshah

    nirajshah Champion

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    nirajshah, Nov 29, 2016
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  3. sethuramcbe

    sethuramcbe Responder

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    Not very sure on this looking like it will make new low slowly,this is by observing weekly sma 20 < sma 50
     
    sethuramcbe, Nov 29, 2016
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  4. shabbir

    shabbir Administrator Staff Member

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    I have invested in this stock today and updates coming as soon as I have my contract notes to attach.
     
    shabbir, Nov 29, 2016
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  5. drjlbansal

    drjlbansal Member

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    Kindly tell your tgt for Ashok leyland .
     
    drjlbansal, Nov 30, 2016
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  6. shabbir

    shabbir Administrator Staff Member

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    Its not a trade and so there isn't any target. Will like to hold it for at least couple of years and will like to checkout their quarterly results to see if things turn out the way I want it to be or not.
     
    shabbir, Nov 30, 2016
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  7. akhtar80

    akhtar80 Responder

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    Shabbir, but Ashok Leyland is generating sell signals on MA 100, MA 200 on Daily chart. Please help us understand what influenced your decision.
     
    akhtar80, Nov 30, 2016
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  8. shabbir

    shabbir Administrator Staff Member

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    Purely fundamentals but has seen a technical bottom being tested twice at around 72+. I don't follow only MA
     
    shabbir, Nov 30, 2016
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  9. akashgupt81

    akashgupt81 Active Member

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    akashgupt81, Nov 30, 2016
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  10. amitvidhate

    amitvidhate Member

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    Ashok Leyland is performing worst day by day last week it was around 77-79 range and today its trading around 75/76, are you expect any further decline in this stock?
     
    amitvidhate, Dec 5, 2016
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  11. shabbir

    shabbir Administrator Staff Member

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    Yes I do and I have shared complete details here - http://shabbir.in/portfolio-report-december-2016/
     
    shabbir, Dec 5, 2016
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  12. nirajshah

    nirajshah Champion

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    nirajshah, Dec 8, 2016
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  13. amitvidhate

    amitvidhate Member

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    amitvidhate, Dec 8, 2016
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  14. basantv2011

    basantv2011 New Member

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    Isn't Tata Motors better and cheaper than Ashok Leyland in the range of 400-450? It has price to book ratio less than 2. P/E 13 whereas industry P/E is 100. Plz share your views.
     
    basantv2011, Dec 13, 2016
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  15. shabbir

    shabbir Administrator Staff Member

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    Yes it is but then it has many more issues with sales in UK where political uncertainty exists and on top of that tata motors is not totally India demand play and has mixed segment of cars and buses and trucks.
     
    shabbir, Dec 13, 2016
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