ASHOKLEY technical summary

At ₹145.55, Ashok Leyland Limited is trading 8.1% below its 50-day average of ₹158.41 and 13.4% below its 200-day average of ₹168.06. The 14-day RSI is 39.3, in the neutral range between 30 and 70. MACD is -3.97 against a signal line of -4.33, so the MACD line sits above its signal line. ADX(14) reads 45.6, a strong trend reading (25 or above); ADX measures trend strength, not direction. The 52-week range is ₹138.03 to ₹215.42, with the price 10% of the way up it. Classic daily pivot levels from the 29 Oct 2026 session: pivot ₹144.54, resistance ₹146.07 and ₹147.3, support ₹143.31 and ₹141.78.