Signals, Powered By EquityPandit
Ashok Leyland closed the previous week on a negative note losing 9.48%.
Technically, Ashok Leyland share price will see immediate support at 195.28 and immediate resistance would be seen at 215.18.
If Ashok Leyland share price closes below immediate support of 195.28, then sharp breakdown can be seen. Ashok Leyland share price will see major support at 182.72 for the week.
On the positive side, immediate resistance will be seen at 215.18. Closing above 215.18, Ashok Leyland share price will see a sharp breakout. Major resistance for Ashok Leyland share price will be seen at 222.52 for the week.
Trading range for Ashok Leyland share price for this week should be between 175.38 on down side and 235.08 on up side.
Ashok Leyland Previous Week High: 209.95
Ashok Leyland Previous Week Low: 190.05
Ashok Leyland Previous Week Range: 19.9 Points
Ashok Leyland share price support and resistance for the week (May 20, 2024 – May 24, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 235.08 |
| Resistance 2 | 222.52 |
| Resistance 1 | 215.18 |
| Support 1 | 195.28 |
| Support 2 | 182.72 |
| Support 3 | 175.38 |
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