Technical view of Ashok Leyland,Coal India, Indian Hotels

Ashok Leyland CMP TARGET SL OUTLOOK ENTRY RANGE 15.70 20 12 Bullish 14-15

TECHNICAL VIEW: - On the daily chart Ashok Leyland we can see stock bounce back from its lower levels and stock current trend is up. Stock has broken its resistance level of 15 with good volumes. Currently stock is trading above its 8 days, 13 days and 21 days EMA. Trend following indicator MACD

Histogram and RSI are also showing strength in stock trend. Investor can buy Ashok Leyland in the range of 14 to 15 levels with stop loss of 12 for target price of 20.

Coal India CMP TARGET SL OUTLOOK ENTRY RANGE 310 330 285 Bullish 300-305

TECHNICAL VIEW: - On the daily chart Coal India we can see stock current trend is up and after consolidating in the range of 290-305 stock has given break out in upper side with good volume. Currently stock is trading above its 8 days, 13 days and 21 days EMA. Trend following indicator MACD Histogram is also showing strength in stock trend. Investor can buy Coal India in the range of 300-305 levels with stop loss of 285 for target price of 330.

Indian Hotels CMP TARGET SL OUTLOOK ENTRY RANGE 49 52/56 43 Bullish Near 47

TECHNICAL VIEW: - On the daily chart of Indian Hotels we can see stock has bounced back from its lower levels and current trend of stock is up. Currently stock is trading above its 8 days, 13 days and 21 days EMA. Trend following indicators MACD Histogram and RSI are also showing strength in stock. This pull back rally of stock can continue to the levels of 56. Investor can buy Indian Hotels near 47 levels with stop loss of 47 for target price of 52 to 56.

SAIL CMP TARGET SL OUTLOOK ENTRY RANGE 55 60/65 47 Bullish Near 52

TECHNICAL VIEW: - On the daily chart SAIL we can see stock bounce back from its lower levels and stock current trend is up. Currently stock is trading above its resistance level of 54. Currently stock is trading above its 8 days, 13 days and 21 days EMA. Trend following indicators MACD Histogram and RSI are also showing strength in stock. Investor can buy stock Near 52 levels with stop loss of 47 for target prices of 60 and 65. RR Financial Consultants (RR Research Information) Visit: - http://www.rrfinance.com/