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ASHOKLEYMARKET OUTLOOKSTOCK OUTLOOK

Ashok Leyland Outlook for the Week (January 08, 2024 – January 12, 2024)

Ashok Leyland
Ashok Leyland
Ashok Leyland closed the previous week on a negative note losing 6.14%.

Technically, Ashok Leyland share price will see immediate support at 175.07 and immediate resistance would be seen at 186.72.

If Ashok Leyland share price closes below immediate support of 175.07, then sharp breakdown can be seen. Ashok Leyland share price will see major support at 170.68 for the week.

On the positive side, immediate resistance will be seen at 186.72. Closing above 186.72, Ashok Leyland share price will see a sharp breakout. Major resistance for Ashok Leyland share price will be seen at 193.98 for the week.

Trading range for Ashok Leyland share price for this week should be between 163.42 on down side and 198.37 on up side.

Ashok Leyland Previous Week High: 189.6

Ashok Leyland Previous Week Low: 177.95

Ashok Leyland Previous Week Range: 11.65 Points

Ashok Leyland share price support and resistance for the week (January 08, 2024 – January 12, 2024)

Level Type Value
Resistance 3 198.37
Resistance 2 193.98
Resistance 1 186.72
Support 1 175.07
Support 2 170.68
Support 3 163.42
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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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