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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 2024-08-12 View latest technical analysis

10 day averaged volume of Ashok Leyland is 13118010

Date	Daily Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	252.05	249.95	253.80	249.60	0.718 times
09 Fri Aug 2024	253.10	248.00	254.60	247.20	0.884 times
08 Thu Aug 2024	246.30	247.25	249.50	245.15	0.814 times
07 Wed Aug 2024	247.30	246.35	248.70	244.20	0.401 times
06 Tue Aug 2024	243.15	244.35	251.95	242.25	0.844 times
05 Mon Aug 2024	244.00	240.00	247.80	240.00	1.24 times
02 Fri Aug 2024	250.15	245.75	253.35	244.45	0.767 times
01 Thu Aug 2024	250.20	258.45	258.45	246.95	1.343 times
31 Wed Jul 2024	257.09	254.00	259.00	252.90	0.734 times
30 Tue Jul 2024	253.59	256.40	256.40	251.57	0.785 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 252.5 as stoploss in an intra day sell trade for a target of 241.69. However, stock will show a bullish move above 252.5.

Share price targets for Ashok Leyland (ASHOKLEY)

Target Type	Value
Downside Target	166.25
Downside Target	190.05
Downside Target	219.35
Downside Target	230.70
Downside Target	240.00
Downside Target	248.89
Downside Target	249.60
Upside Target	253.80
Upside Target	254.60
Upside Target	258.45
Upside Target	259.00

Intraday share price targets for Ashok Leyland (ASHOKLEY)

Target Type	Value
Downside Intraday Target	249.83
Downside Intraday Target	247.62
Upside Intraday Target	254.03
Upside Intraday Target	256.02
Downside Intraday Target	251.82

Weekly technical analysis of Ashok Leyland (ASHOKLEY)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	252.05	249.95	253.80	249.60	0.172 times
09 Fri Aug 2024	253.10	240.00	254.60	240.00	0.719 times
02 Fri Aug 2024	250.15	249.00	259.00	244.45	0.688 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

Price has moved down 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
12 Mon Aug 2024	252.05	258.45	258.45	240.00	0.296 times
31 Wed Jul 2024	257.09	241.90	259.00	219.35	1.063 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

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 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 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 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 buy signal for Ashok Leyland in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 249.45 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.