BQEdge | There May Be More Pain In Store For Ashok Leyland’s Stock

Niraj Shah and Kannan Singaravelu share technical insights on which direction the shares of Ashok Leyland may move next.

BQ Research @bqprime

17 Jan 2019, 11:48 PM IST

A truck driver drinks water in front of a line of Ashok Leyland Ltd. goods-carrier trucks parked at a toll plaza in Mumbai. (Photographer: Abhijit Bhatlekar/Bloomberg News)

BQEdge is specially curated for BQBlue subscribers. Every day this note will offer special equity market and stock-specific insights and flag select emerging trends in the tricky-to-trade derivatives market.On Today’s EditionAshok Leyland’s stock chart suggests the truck maker may not be done with its downward journey.How Bank of Baroda, Dena Bank and Vijaya Bank may react to the swap ratio for the three-way merger.

BQEdge | There May Be More Pain In Store For Ashok Leyland’s Stock

Niraj Shah and Kannan Singaravelu share technical insights on which direction the shares of Ashok Leyland may move next.

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