Signals, Powered By EquityPandit
Ashok Leyland closed the previous week on a negative note losing 6.06%.
Technically, Ashok Leyland share price will see immediate support at 204.75 and immediate resistance would be seen at 218.05.
If Ashok Leyland share price closes below immediate support of 204.75, then sharp breakdown can be seen. Ashok Leyland share price will see major support at 198.80 for the week.
On the positive side, immediate resistance will be seen at 218.05. Closing above 218.05, Ashok Leyland share price will see a sharp breakout. Major resistance for Ashok Leyland share price will be seen at 225.40 for the week.
Trading range for Ashok Leyland share price for this week should be between 191.45 on down side and 231.35 on up side.
Ashok Leyland Previous Week High: 219.45
Ashok Leyland Previous Week Low: 206.15
Ashok Leyland Previous Week Range: 13.3 Points
Ashok Leyland share price support and resistance for the week (May 27, 2024 – May 31, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 231.35 |
| Resistance 2 | 225.40 |
| Resistance 1 | 218.05 |
| Support 1 | 204.75 |
| Support 2 | 198.80 |
| Support 3 | 191.45 |
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