SELL Ashok Leyland — Somil Mehta, 16 Sept 2026

bySomil Mehta, SharekhanHorizon: NA (inferred Swing (≤2wk))16 Sept 2026via ET Now

Entry₹155.37Inferred

Target₹145

Stop loss₹162-4.27% risk

CMP₹156.54h ago

Active-0.73%+7.35%upside left 13d left

Follow Somil Mehta for new calls(25% target hit, 198 closed calls)Get alerts Watch ASHOKLEY for new buy/sell callsGet alerts See 1 other Swing call on ASHOKLEY See 127 other Swing picks this week

Not investment advice; past performance doesn't guarantee future results. · Public beta — data is auto-extracted and may contain errors.

AI Assessment

Automated market context for this SELL call — facts from public sources, machine-classified. Not investment advice.

As of 16 Sept, 8:51 pm IST

6 supporting4 neutral6 opposing

Supports the SELL call (6)

MACD below its signal line — bearish momentum

Technicals · macd·16 Sept · today

ICICI Bank, Ashok Leyland, Oberoi Realty, SBI shares: Rate-sensitives slide as 25 bps Oct rate hike bets rise

NewsGoogle News·15 Sept · yesterday

Ashok Leyland Ltd drops for fifth straight session

NewsGoogle News·15 Sept · yesterday

Auto sector stocks today, September 15: Ather Energy falls 4.08%, Ashok Leyland down 3%, SML Mahindra 3.87%

NewsGoogle News·15 Sept · yesterday

1 other SEBI-registered advisor has an active swing SELL call on this stock, issued in the last 14 days

Advisor consensus · same horizon·15 Sept · yesterday

Neutral / worth noting (4)

Ashok Leyland, SBI & Gold: Three Trades, Three Very Different Stories

NewsGoogle News·15 Sept · yesterday

Ashok Leyland’s Shenu Agarwal Takes Over As SIAM President For 2026-27

NewsNdtv-Profit·3 Sept · 2w ago

India needs ‘a lot of new trucks’ as ageing fleet drives replacement demand: Ashok Leyland CEO

NewsCnbc-Tv18·3 Sept · 2w ago

UltraTech to deploy over 600 electric trucks by December 2026 to electrify its supply chain

NewsCnbc-Tv18·2 Sept · 2w ago

Weighs against the SELL call (6)

RSI at 9 — oversold territory

Technicals · rsi·16 Sept · today

Ashok Leyland shares demonstrate renewed strength, becomes 'Monthly Choice' stock; check target price, stop-loss

NewsLivemint·8 Sept · 1w ago

GST reforms rewrote the auto stock map: Who won, who lost and where can investors still make money?

NewsEt-Markets·7 Sept · 1w ago

Ashok Leyland, Tata Motors CV: BofA Spots A Truck Upcycle The Market May Be Missing

NewsNdtv-Profit·7 Sept · 1w ago

UltraTech Partners With Tata Motors, Ashok Leyland, Others For Over 600 Electric Trucks

NewsNdtv-Profit·2 Sept · 2w ago

Factor classifications are AI-generated from exchange filings, verified news feeds and market data — they can be wrong or incomplete, and are not attributed to the issuing analyst. Verify every factor via its linked original before acting. This is not investment advice.

SELL Ashok Leyland — Somil Mehta, Sharekhan

AI Assessment