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ASHOKLEYMARKET OUTLOOKSTOCK OUTLOOK

Ashok Leyland Outlook for the Week (September 04, 2023 – September 08, 2023)

Ashok Leyland
Ashok Leyland
Ashok Leyland closed the previous week on a negative note losing 5.24%.

Technically, Ashok Leyland share price will see immediate support at 179.80 and immediate resistance would be seen at 189.80.

If Ashok Leyland share price closes below immediate support of 179.80, then sharp breakdown can be seen. Ashok Leyland share price will see major support at 175.40 for the week.

On the positive side, immediate resistance will be seen at 189.80. Closing above 189.80, Ashok Leyland share price will see a sharp breakout. Major resistance for Ashok Leyland share price will be seen at 195.40 for the week.

Trading range for Ashok Leyland share price for this week should be between 169.80 on down side and 199.80 on up side.

Ashok Leyland Previous Week High: 191

Ashok Leyland Previous Week Low: 181

Ashok Leyland Previous Week Range: 10 Points

Ashok Leyland share price support and resistance for the week (September 04, 2023 – September 08, 2023)

Level Type Value
Resistance 3 199.80
Resistance 2 195.40
Resistance 1 189.80
Support 1 179.80
Support 2 175.40
Support 3 169.80

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