Is ASHOK LEYLAND in uptrend or downtrend?

In the short term price movements in ASHOKLEY share indicates the market is Sideways. However, the bulls are trying to absorb supply to take control.

What is ASHOK LEYLAND share price forecast for tomorrow?

In Ashok Leyland Limited stock current resistance level is at 171 and support level is at 154. Though market is closer to support level there are good chances till these ranges are broken, market would stay Sideways.

What are ASHOK LEYLAND support and resistance levels?

The resistance level is an area where sellers get activated. It varies by the time frame of the analysis. For Ashok Leyland Limited in the short-term, the supply zone around 171 and 170. Hence, good chances of resistance around 170. The support level is an area where buyers get activated at an attractive price zone to buy. It's a price zone where buyers wait for the market to reach to trigger their buy orders. The demand zone for Ashok Leyland Limited share is around 154 and 150. Hence, good chances for support around 150.

Why is ASHOK LEYLAND share price falling today?

Perhaps ASHOKLEY stock is just having volatility. It can be viewed as an opportunity, unless overall long term trend and mid term trend is Bearish.

ASHOK LEYLAND Share Price | Forecast Analysis

Analyzing Market Data

Analyzing Market Data