Signals, Powered By EquityPandit
Ashok Leyland closed the previous week on a negative note losing 5.28%.
Technically, Ashok Leyland share price will see immediate support at 172.63 and immediate resistance would be seen at 182.38.
If Ashok Leyland share price closes below immediate support of 172.63, then sharp breakdown can be seen. Ashok Leyland share price will see major support at 168.97 for the week.
On the positive side, immediate resistance will be seen at 182.38. Closing above 182.38, Ashok Leyland share price will see a sharp breakout. Major resistance for Ashok Leyland share price will be seen at 188.47 for the week.
Trading range for Ashok Leyland share price for this week should be between 162.88 on down side and 192.13 on up side.
Ashok Leyland Previous Week High: 184.8
Ashok Leyland Previous Week Low: 175.05
Ashok Leyland Previous Week Range: 9.75 Points
Ashok Leyland share price support and resistance for the week (December 04, 2023 – December 08, 2023)
| Level Type | Value |
|---|---|
| Resistance 3 | 192.13 |
| Resistance 2 | 188.47 |
| Resistance 1 | 182.38 |
| Support 1 | 172.63 |
| Support 2 | 168.97 |
| Support 3 | 162.88 |
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