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 2024-07-18 View latest technical analysis

10 day averaged volume of Ashok Leyland is 11498503

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Jul 2024	228.33	229.50	230.33	225.56	0.736 times
16 Tue Jul 2024	228.41	230.70	230.70	227.56	0.816 times
15 Mon Jul 2024	228.20	225.00	228.69	223.40	1.017 times
12 Fri Jul 2024	224.26	227.90	228.00	223.96	0.817 times
11 Thu Jul 2024	226.94	226.00	228.50	225.20	0.594 times
10 Wed Jul 2024	225.97	228.50	229.28	221.25	0.954 times
09 Tue Jul 2024	228.28	227.25	230.45	227.25	1.151 times
08 Mon Jul 2024	226.05	230.00	231.28	224.85	1.022 times
05 Fri Jul 2024	229.56	227.00	230.45	226.00	1.179 times
04 Thu Jul 2024	227.11	231.30	231.90	226.45	0.953 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 226.6 as stoploss in an intra day buy trade for a target of 232.74. However, stock will show a bearish move below 226.6.

Share price targets for Ashok Leyland (ASHOKLEY)

Target Type	Value
Downside Target	157.55
Downside Target	166.25
Downside Target	173.95
Downside Target	190.05
Downside Target	221.25
Upside Target	230.70
Upside Target	231.28
Upside Target	231.55
Upside Target	242.65
Upside Target	243.29
Upside Target	245.67

Intraday share price targets for Ashok Leyland (ASHOKLEY)

Target Type	Value
Downside Intraday Target	224.25
Downside Intraday Target	220.18
Upside Intraday Target	231.55
Upside Intraday Target	234.78
Downside Intraday Target	227.48

Weekly technical analysis of Ashok Leyland (ASHOKLEY)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Jul 2024	228.33	225.00	230.70	223.40	0.566 times
12 Fri Jul 2024	224.26	230.00	231.28	221.25	0.843 times
05 Fri Jul 2024	229.56	241.90	243.29	226.00	1.241 times
28 Fri Jun 2024	241.89	233.60	245.67	231.23	1.276 times
21 Fri Jun 2024	235.65	240.60	242.65	231.55	0.563 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
18 Thu Jul 2024	228.33	241.90	243.29	221.25	0.491 times
28 Fri Jun 2024	241.89	235.00	245.67	192.00	0.595 times
31 Fri May 2024	224.00	195.85	230.80	190.05	1.303 times
30 Tue Apr 2024	192.65	173.00	194.25	166.25	1.576 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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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

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

Ashok Leyland Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Ashok Leyland in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 227.4 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 falling down

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 has given negative 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.