LONG TERM BULLISH SETUP ON ASHOK LEYLAND
AFTER COMPLETING ITS FIRST IMPULSE WAVE ON MONTHLY CHART ASHOKLEYLAND HAS COMPLETED WAVE 1 & 2 OF A NEW IMPULSE WAVE WITH WAVE 2 RECTRACING EXACTLY .618 OF WAVE 1 WHICH GIVES MORE CONFIDENCE TO GO LONG ONE CAN BUY THE STOCK FOR LONG TERM WITH STOP BELOW RETRACEMENT LEVEL OF .786 FOR REALLY HANDSOME RETURN OVER LONG PERIOD OF TIME
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