Signals, Powered By EquityPandit
Ashok Leyland closed the previous week on a negative note losing 5.11%.
Technically, Ashok Leyland share price will see immediate support at 170.18 and immediate resistance would be seen at 179.23.
If Ashok Leyland share price closes below immediate support of 170.18, then sharp breakdown can be seen. Ashok Leyland share price will see major support at 164.57 for the week.
On the positive side, immediate resistance will be seen at 179.23. Closing above 179.23, Ashok Leyland share price will see a sharp breakout. Major resistance for Ashok Leyland share price will be seen at 182.67 for the week.
Trading range for Ashok Leyland share price for this week should be between 161.13 on down side and 188.28 on up side.
Ashok Leyland Previous Week High: 177.05
Ashok Leyland Previous Week Low: 168
Ashok Leyland Previous Week Range: 9.05 Points
Ashok Leyland share price support and resistance for the week (October 16, 2023 – October 20, 2023)
| Level Type | Value |
|---|---|
| Resistance 3 | 188.28 |
| Resistance 2 | 182.67 |
| Resistance 1 | 179.23 |
| Support 1 | 170.18 |
| Support 2 | 164.57 |
| Support 3 | 161.13 |
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