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ASHOKLEYMARKET OUTLOOKSTOCK OUTLOOK

Ashok Leyland Outlook for the Week (January 15, 2024 – January 19, 2024)

Ashok Leyland
Ashok Leyland
Ashok Leyland closed the previous week on a negative note losing 4.45%.

Technically, Ashok Leyland share price will see immediate support at 172.98 and immediate resistance would be seen at 181.08.

If Ashok Leyland share price closes below immediate support of 172.98, then sharp breakdown can be seen. Ashok Leyland share price will see major support at 169.32 for the week.

On the positive side, immediate resistance will be seen at 181.08. Closing above 181.08, Ashok Leyland share price will see a sharp breakout. Major resistance for Ashok Leyland share price will be seen at 185.52 for the week.

Trading range for Ashok Leyland share price for this week should be between 164.88 on down side and 189.18 on up side.

Ashok Leyland Previous Week High: 181.85

Ashok Leyland Previous Week Low: 173.75

Ashok Leyland Previous Week Range: 8.1 Points

Ashok Leyland share price support and resistance for the week (January 15, 2024 – January 19, 2024)

Level Type Value
Resistance 3 189.18
Resistance 2 185.52
Resistance 1 181.08
Support 1 172.98
Support 2 169.32
Support 3 164.88
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{"buy_point":[{"en_ltd":"2023-12-26","en_sup_p_91":"172.78","en_sup_t_91":"169.46","prev_close":"172.00","en_close":"173.90","new_date":"Dec 26","prev_close_no":172}],"sell_point":[{"en_ltd":"2024-01-03","en_sup_p_91":"180.31","en_sup_t_91":"185.05","prev_close":"180.40","en_close":"179.70","new_date":"Jan 3","prev_close_no":180},{"en_ltd":"2023-12-01","en_sup_p_91":"178.75","en_sup_t_91":"184.00","prev_close":"183.15","en_close":"176.30","new_date":"Dec 1","prev_close_no":183}]}

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