Stock Radar: Breakout from rounding bottom pattern makes Ashok Leyland an attractive buy; check for target & stop loss

Ashok Leyland, a commercial vehicle stock, has broken out from a rounding bottom pattern, signaling a potential upward trend. Experts suggest short-term traders consider buying, targeting ₹165-175. The stock, recovering from a downtrend since August 2024, shows strong buying momentum with rising volumes. Analysts recommend a stop-loss below ₹115, anticipating further gains in the near term.