Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-04-08 View latest technical analysis

10 day averaged volume of Ashok Leyland is 16768756

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	177.20	176.10	178.20	175.55	1.314 times
05 Fri Apr 2024	176.00	172.80	176.50	171.40	0.921 times
04 Thu Apr 2024	173.00	174.00	174.80	172.55	0.512 times
03 Wed Apr 2024	174.25	171.70	175.45	171.00	0.85 times
02 Tue Apr 2024	176.50	175.00	178.35	174.50	2.062 times
01 Mon Apr 2024	174.65	173.00	175.40	173.00	1.271 times
28 Thu Mar 2024	171.25	170.70	172.60	169.55	0.971 times
27 Wed Mar 2024	169.00	170.25	171.35	168.60	0.779 times
26 Tue Mar 2024	168.60	167.25	170.25	167.00	1.205 times
22 Fri Mar 2024	166.65	166.80	168.45	166.05	0.673 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 174, but if it comes below 174, then a intra day sell could be more profitable.
If you take a sell trade below 174, then use 174 as stoploss and 168.68 as target. However if you take a buy trade in stock , then use 174 as stoploss and 180.5 as target.

Share price targets for Ashok Leyland (ASHOKLEY)

Target Type	Value
Downside Target	157.55
Downside Target	165.25
Downside Target	172.75
Downside Target	173.95
Downside Target	175.55
Upside Target	178.20
Upside Target	178.35
Upside Target	184.20
Upside Target	186.85
Upside Target	189.60

Intraday share price targets for Ashok Leyland (ASHOKLEY)

Target Type	Value
Downside Intraday Target	175.77
Downside Intraday Target	174.33
Upside Intraday Target	178.42
Upside Intraday Target	179.63
Downside Intraday Target	176.98

Weekly technical analysis of Ashok Leyland (ASHOKLEY)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	177.20	176.10	178.20	175.55	0.234 times
05 Fri Apr 2024	176.00	173.00	178.35	171.00	1.9 times
28 Thu Mar 2024	171.25	167.25	172.60	167.00	0.804 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

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
08 Mon Apr 2024	177.20	173.00	178.35	171.00	0.485 times
28 Thu Mar 2024	171.25	171.00	173.95	157.55	0.573 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

Scroll below to view daily charts

Price has moved up 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

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

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

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

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 173.4 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 positive

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