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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 2024-07-30 View latest technical analysis

10 day averaged volume of Ashok Leyland is 17696182

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Jul 2024	253.59	256.40	256.40	251.57	0.582 times
29 Mon Jul 2024	256.35	249.00	258.85	249.00	1.622 times
26 Fri Jul 2024	246.38	235.10	248.89	235.10	2.588 times
25 Thu Jul 2024	232.43	229.81	233.48	224.85	1.189 times
24 Wed Jul 2024	232.50	228.00	233.50	227.15	0.38 times
23 Tue Jul 2024	229.63	231.29	233.40	219.35	1.041 times
22 Mon Jul 2024	230.70	225.15	232.95	222.52	1.07 times
19 Fri Jul 2024	223.95	228.33	228.80	223.00	0.441 times
18 Thu Jul 2024	228.33	229.50	230.33	225.56	0.478 times
16 Tue Jul 2024	228.41	230.70	230.70	227.56	0.53 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 251.8, for a target of 241.1 or 232.13

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	231.28
Downside Target	243.29
Downside Target	245.67
Downside Target	248.89
Downside Target	249.00
Upside Target	258.85

Intraday share price targets for Ashok Leyland (ASHOKLEY)

Target Type	Value
Downside Intraday Target	248.78
Downside Intraday Target	243.96
Upside Intraday Target	258.63
Upside Intraday Target	263.66
Upside Intraday Target	253.81

Weekly technical analysis of Ashok Leyland (ASHOKLEY)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Jul 2024	253.59	249.00	258.85	249.00	0.352 times
26 Fri Jul 2024	246.38	225.15	248.89	219.35	2.969 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

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
30 Tue Jul 2024	253.59	241.90	258.85	219.35	1.03 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 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 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 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 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 tired and bears are picking up momentum.

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 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 239.95 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.