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ASHOKLEYMARKET OUTLOOKSTOCK OUTLOOK

Ashok Leyland Outlook for the Week (March 18, 2024 – March 22, 2024)

Ashok Leyland
Ashok Leyland
Ashok Leyland closed the previous week on a negative note losing 8.80%.

Technically, Ashok Leyland share price will see immediate support at 155.35 and immediate resistance would be seen at 170.55.

If Ashok Leyland share price closes below immediate support of 155.35, then sharp breakdown can be seen. Ashok Leyland share price will see major support at 148.85 for the week.

On the positive side, immediate resistance will be seen at 170.55. Closing above 170.55, Ashok Leyland share price will see a sharp breakout. Major resistance for Ashok Leyland share price will be seen at 179.25 for the week.

Trading range for Ashok Leyland share price for this week should be between 140.15 on down side and 185.75 on up side.

Ashok Leyland Previous Week High: 172.75

Ashok Leyland Previous Week Low: 157.55

Ashok Leyland Previous Week Range: 15.2 Points

Ashok Leyland share price support and resistance for the week (March 18, 2024 – March 22, 2024)

Level Type Value
Resistance 3 185.75
Resistance 2 179.25
Resistance 1 170.55
Support 1 155.35
Support 2 148.85
Support 3 140.15
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{"buy_point":[],"sell_point":[{"en_ltd":"2024-02-09","en_sup_p_91":"175.86","en_sup_t_91":"178.89","prev_close":"176.00","en_close":"173.45","new_date":"Feb 9","prev_close_no":176}]}

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