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ASHOKLEYMARKET OUTLOOKSTOCK OUTLOOK

Ashok Leyland Outlook for the Week (February 12, 2024 – February 16, 2024)

Ashok Leyland
Ashok Leyland
Ashok Leyland closed the previous week on a negative note losing 9.10%.

Technically, Ashok Leyland share price will see immediate support at 166.58 and immediate resistance would be seen at 183.58.

If Ashok Leyland share price closes below immediate support of 166.58, then sharp breakdown can be seen. Ashok Leyland share price will see major support at 159.72 for the week.

On the positive side, immediate resistance will be seen at 183.58. Closing above 183.58, Ashok Leyland share price will see a sharp breakout. Major resistance for Ashok Leyland share price will be seen at 193.72 for the week.

Trading range for Ashok Leyland share price for this week should be between 149.58 on down side and 200.58 on up side.

Ashok Leyland Previous Week High: 186.85

Ashok Leyland Previous Week Low: 169.85

Ashok Leyland Previous Week Range: 17 Points

Ashok Leyland share price support and resistance for the week (February 12, 2024 – February 16, 2024)

Level Type Value
Resistance 3 200.58
Resistance 2 193.72
Resistance 1 183.58
Support 1 166.58
Support 2 159.72
Support 3 149.58
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