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ASHOKLEYMARKET OUTLOOKSTOCK OUTLOOK

Ashok Leyland Outlook for the Week (August 07, 2023 – August 11, 2023)

Ashok Leyland closed the previous week on a negative note losing 3.87%.

Technically, Ashok Leyland share price will see immediate support at 178.88 and immediate resistance would be seen at 186.08.

If Ashok Leyland share price closes below immediate support of 178.88, then sharp breakdown can be seen. Ashok Leyland share price will see major support at 175.27 for the week.

On the positive side, immediate resistance will be seen at 186.08. Closing above 186.08, Ashok Leyland share price will see a sharp breakout. Major resistance for Ashok Leyland share price will be seen at 189.67 for the week.

Trading range for Ashok Leyland share price for this week should be between 171.68 on down side and 193.28 on up side.

Ashok Leyland Previous Week High: 186.05

Ashok Leyland Previous Week Low: 178.85

Ashok Leyland Previous Week Range: 7.2 Points

Ashok Leyland share price support and resistance for the week (August 07, 2023 – August 11, 2023)

Level Type Value
Resistance 3 193.28
Resistance 2 189.67
Resistance 1 186.08
Support 1 178.88
Support 2 175.27
Support 3 171.68

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