Sensex, Nifty, Share Prices LIVE: The short-term outlook is bullish for Ashok Leyland. The 2.7 per cent rise on Tuesday indicates that the upmove is gaining momentum. The price action since July this year indicates a bull channel. The channel support is around ₹139. The 21-Day Moving Average (DMA) is also poised around ₹139. So, that makes it a strong support and a fall below it is unlikely. Ashok Leyland share price can rise to ₹155-₹157 in the coming weeks.