Ashok Leyland Weekly Outlook and Analysis:

For the Week: (July 31, 2023 – August 04, 2023)

Ashok Leyland closed the previous week on a negative note losing 4.53%

Technically, Ashok Leyland share price will see immediate support at 176.07 and immediate resistance would be seen at 184.52

If Ashok Leyland share price closes below immediate support of 176.07, then sharp breakdown can be seen. Ashok Leyland share price will see major support at 172.83 for the week.

On the positive side, immediate resistance will be seen at 184.52. Closing above 184.52, Ashok Leyland share price will see a sharp breakout. Major resistance for Ashok Leyland share price will be seen at 189.73 for the week.

Trading range for Ashok Leyland share price for this week should be between 167.62 on down side and 192.97 on up side.

Ashok Leyland Previous Week High: 186.5

Ashok Leyland Previous Week Low: 178.05

Ashok Leyland Previous Week Range: 8.45 Points

Ashok Leyland share price support and resistance for the week (July 31, 2023 – August 04, 2023)