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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 2024-07-25 View latest technical analysis

10 day averaged volume of Ashok Leyland is 10861914

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Jul 2024	232.43	229.81	233.48	224.85	1.936 times
24 Wed Jul 2024	232.50	228.00	233.50	227.15	0.619 times
23 Tue Jul 2024	229.63	231.29	233.40	219.35	1.695 times
22 Mon Jul 2024	230.70	225.15	232.95	222.52	1.743 times
19 Fri Jul 2024	223.95	228.33	228.80	223.00	0.719 times
18 Thu Jul 2024	228.33	229.50	230.33	225.56	0.779 times
16 Tue Jul 2024	228.41	230.70	230.70	227.56	0.864 times
15 Mon Jul 2024	228.20	225.00	228.69	223.40	1.077 times
12 Fri Jul 2024	224.26	227.90	228.00	223.96	0.865 times
11 Thu Jul 2024	226.94	226.00	228.50	225.20	0.629 times

My analysis of stock is bullish for shortterm, and stock might move up till 235.6 or till 241.7. Use a stoploss of 230.46 and if this stock hits its stoploss, then it can fall down till 225.33

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	219.35
Downside Target	230.70
Downside Target	231.23
Downside Target	231.28
Upside Target	233.50
Upside Target	243.29
Upside Target	245.67

Intraday share price targets for Ashok Leyland (ASHOKLEY)

Target Type	Value
Downside Intraday Target	223.35
Downside Intraday Target	214.28
Upside Intraday Target	237.5
Upside Intraday Target	242.58
Downside Intraday Target	228.43

Weekly technical analysis of Ashok Leyland (ASHOKLEY)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Jul 2024	232.43	225.15	233.50	219.35	1.743 times
19 Fri Jul 2024	223.95	225.00	230.70	223.00	0.716 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Ashok Leyland (ASHOKLEY)

Date	Monthly Closing Price	Open	High	Low	Volume
25 Thu Jul 2024	232.43	241.90	243.29	219.35	0.74 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 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 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 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 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.

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 green color and prices are above 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

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 229.18 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.