ASHOKLEY 1 Month Time Frame

📊 Current Price & Trend (as of latest market close)

Current trading level: ~₹163‑164 on NSE.
Price has rallied strongly and recently hit a 52‑week/all‑time high.

📈 1‑Month Key Levels (Short‑Term Technicals)

🔹 Immediate Resistance (Upside Targets)
R1 ~ ₹165‑167: Short‑term pivot resistance zone.
R2 ~ ₹167‑170: Key near‑term resistance above current.
R3 ~ ₹170‑176: Stronger upside area (if momentum continues).

🔻 Immediate Support (Downside Floors)
S1 ~ ₹161: Nearest short‑term support.
S2 ~ ₹158: Stronger support zone if price tests lower.
S3 ~ ₹156: Major initial support level before deeper pullback.

🧠 What This Means for 1‑Month Outlook

Bullish case (short term):
Holding above ₹158–161 supports continuation.
Clear break above ₹170–176 with strong volume could extend moves toward new highs.

Bearish/Neutral case:
Failure below ₹156–158 puts pressure on short‑term trend.
RSI nearing overbought suggests a possible pullback or consolidation first.