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Ashok Leyland free stock tips and share market tips updated for 02nd March 2016, Wednesday.


ASHOK LEYLAND

Ashok Leyland has formed head and shoulder pattern in daily chart, technical indicates bulls action can be seen once it closes and holds above its trend line resistance zone @ 93.

As long as it holds below trend will be mix with no clear direction.

Suggested reading - Visit link to see more free stock tips.

On 01st March 2015, Ashok Leyland opened at 88.20, made a high @ 91.35, low @ 88.20 and closed @ 91.05 up by Rs. 3.40 (3.88%).

Stock was on news :- 
Ashok Leyland on Tuesday 01st March 2015 reported a 25% increase in total sales at 13,403 units in February 2016.

The Ashok Leyland sold 10,762 units in the same month last year (2015).

The jumped  is 31% to 10,798 units in February as against 8,230 in the same month in 2015, as per given statement by company.

The company's light commercial vehicles sales went up 3% to 2,605 units as against 2,532 units in February 2015
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What is Intraday Tips ?

Q. What is Intraday Tips / Inraday Trading / Delivery trading.

A. There are basically two types of trading on stock market--
1- Delivery
2- Intraday

Delivery trading is one in which shares are bought and can only be sold after they are delivered by the broker.that means that they cannot be sold the same day , and delivery takes two to three days after they are bought and then they are ready to be sold.

Intraday trading which takes place for that very particular day and there is no delivery..they can be bought and sold the same day...and are automatically sold at the end of the trading session if you have not sold it by yourself during the trading session. The person who suggest such types of forecast is called

Intraday Tips

.