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(ASHOKLEY) Ashok Leyland complete technical analysis [charts+indicators] | Buy/Sell Ashok Leyland | (ASHOKLEY) share price targets

Complete technical analysis of Ashok Leyland (ASHOKLEY) by charts plus indicators, forecast predictions and share price targets for Ashok Leyland (ASHOKLEY)

Ashok Leyland trades in NSE in Commercial Vehicles sector.

Showing technical analysis as on 2024-03-27 View latest technical analysis

10 day averaged volume of Ashok Leyland is 14076656

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	169.00	170.25	171.35	168.60	0.928 times
26 Tue Mar 2024	168.60	167.25	170.25	167.00	1.436 times
22 Fri Mar 2024	166.65	166.80	168.45	166.05	0.801 times
21 Thu Mar 2024	166.85	163.40	167.20	162.60	0.902 times
20 Wed Mar 2024	161.55	162.05	162.85	160.05	0.567 times
19 Tue Mar 2024	161.80	162.95	163.00	159.95	1.138 times
18 Mon Mar 2024	162.65	162.20	163.45	159.75	0.969 times
15 Fri Mar 2024	161.85	164.30	164.85	160.25	1.355 times
14 Thu Mar 2024	164.10	158.10	164.45	157.55	1.086 times
13 Wed Mar 2024	159.80	167.50	167.80	159.05	1.028 times

My analysis of stock is bullish for shortterm, and stock might move up till 171.4 or till 176.2. Use a stoploss of 167.45 and if this stock hits its stoploss, then it can fall down till 163.46

Share price targets for Ashok Leyland (ASHOKLEY)

Target Type	Value
Downside Target	157.55
Downside Target	164.75
Upside Target	171.35
Upside Target	172.75
Upside Target	173.95
Upside Target	176.10
Upside Target	184.20
Upside Target	184.80
Upside Target	186.85
Upside Target	189.60

Intraday share price targets for Ashok Leyland (ASHOKLEY)

Target Type	Value
Downside Intraday Target	166.88
Downside Intraday Target	164.77
Upside Intraday Target	171.23
Upside Intraday Target	173.47
Upside Intraday Target	169.12

Weekly technical analysis of Ashok Leyland (ASHOKLEY)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	169.00	167.25	171.35	167.00	0.54 times
22 Fri Mar 2024	166.65	162.20	168.45	159.75	0.833 times
15 Fri Mar 2024	161.85	171.95	172.75	157.55	1.8 times
07 Thu Mar 2024	171.05	172.00	173.95	169.00	0.553 times
02 Sat Mar 2024	172.40	174.20	176.10	167.70	0.847 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Ashok Leyland (ASHOKLEY)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	169.00	171.00	173.95	157.55	0.534 times
29 Thu Feb 2024	169.90	177.20	186.85	166.40	1.369 times
31 Wed Jan 2024	175.90	182.50	189.60	167.70	0.961 times
29 Fri Dec 2023	181.55	183.65	184.20	165.25	1.619 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Ashok Leyland (ASHOKLEY)

Price action analysis of Ashok Leyland ( (ASHOKLEY) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Ashok Leyland ( (ASHOKLEY) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Ashok Leyland ( (ASHOKLEY) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Ashok Leyland stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Ashok Leyland in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Ashok Leyland Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Ashok Leyland in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Ashok Leyland is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 164.35 and Ashok Leyland (ASHOKLEY) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Ashok Leyland (ASHOKLEY) stock. Volume based technical analysis of Ashok Leyland (ASHOKLEY) stock is negative.

Ashok Leyland Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.