Stock Market Analysis 28.08.2024


Stock Market Analysis 28.08.2024

Technical Analysis of Ashokley


Ashok Leyland Ltd. experienced a relatively narrow trading range today, reflecting a day of low volatility and cautious trading sentiment. The stock opened at 260.10, reached a high of 260.40, hit a low of 258.60, and closed at 259.65.

Today’s trading in Ashok Leyland Ltd. was marked by caution and consolidation. While there was limited price movement, the stock’s behavior around key technical levels suggests potential for future volatility. Investors should remain vigilant, watching for any breakout or breakdown signals that could provide a clearer indication of the stock’s future direction.

Technical analysis of ONGC

ONGC started the trading session with an opening price of ₹329.80, slightly lower than its previous closing price. Throughout the day, the stock showed minimal price fluctuation, with a high of ₹330.60 and a low of ₹328.85, indicating a relatively tight trading range.

Today's trading session for ONGC was characterized by consolidation within a narrow range, reflecting a market that may be in a wait-and-see mode. Traders should remain vigilant for any breakout or news that could provide direction to the stock's movement in the near term.

Above are the List of Narrow CPR Stocks for 28.08.2024.


For more knowledge on Trading  enroll in our course and get full profit.


Anil Hanegave

Trader | Mentor | Author

Disclaimer: The content provided in this blog, article, or charts is strictly for educational purposes only and should not be considered as financial or investment advice. Trading involves significant risk, and you are advised to engage in trading activities at your own discretion and responsibility. We do not provide any buy/sell recommendations, and the information shared here is not intended to influence trading decisions. We are not SEBI-registered advisors and encourage you to seek advice from a qualified financial professional before making any investment. For more learning and resources, visit www.tradingdirection.in.