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ASHOKLEYMARKET OUTLOOKSTOCK OUTLOOK

Ashok Leyland Outlook for the Week (August 28, 2023 – September 01, 2023)

Ashok Leyland
Ashok Leyland
Ashok Leyland closed the previous week on a negative note losing 2.46%.

Technically, Ashok Leyland share price will see immediate support at 183.97 and immediate resistance would be seen at 188.62.

If Ashok Leyland share price closes below immediate support of 183.97, then sharp breakdown can be seen. Ashok Leyland share price will see major support at 181.98 for the week.

On the positive side, immediate resistance will be seen at 188.62. Closing above 188.62, Ashok Leyland share price will see a sharp breakout. Major resistance for Ashok Leyland share price will be seen at 191.28 for the week.

Trading range for Ashok Leyland share price for this week should be between 179.32 on down side and 193.27 on up side.

Ashok Leyland Previous Week High: 189.3

Ashok Leyland Previous Week Low: 184.65

Ashok Leyland Previous Week Range: 4.65 Points

Ashok Leyland share price support and resistance for the week (August 28, 2023 – September 01, 2023)

Level Type Value
Resistance 3 193.27
Resistance 2 191.28
Resistance 1 188.62
Support 1 183.97
Support 2 181.98
Support 3 179.32

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