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 2024-08-19 View latest technical analysis

10 day averaged volume of Ashok Leyland is 9837039

Date	Daily Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	257.50	258.00	260.15	255.70	1.487 times
16 Fri Aug 2024	255.95	249.05	256.90	248.50	1.144 times
14 Wed Aug 2024	246.45	251.50	252.35	245.70	0.472 times
13 Tue Aug 2024	251.70	253.35	255.25	251.05	0.825 times
12 Mon Aug 2024	252.05	249.95	253.80	249.60	0.957 times
09 Fri Aug 2024	253.10	248.00	254.60	247.20	1.179 times
08 Thu Aug 2024	246.30	247.25	249.50	245.15	1.085 times
07 Wed Aug 2024	247.30	246.35	248.70	244.20	0.535 times
06 Tue Aug 2024	243.15	244.35	251.95	242.25	1.125 times
05 Mon Aug 2024	244.00	240.00	247.80	240.00	1.654 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 255.6, but if it comes below 255.6, then a intra day sell could be more profitable.
If you take a sell trade below 255.6, then use 255.6 as stoploss and 246.83 as target. However if you take a buy trade in stock , then use 255.6 as stoploss and 266.1 as target.

Share price targets for Ashok Leyland (ASHOKLEY)

Target Type	Value
Downside Target	166.25
Downside Target	190.05
Downside Target	219.35
Downside Target	230.80
Downside Target	240.00
Downside Target	254.60
Downside Target	255.70
Downside Target	256.90
Upside Target	259.00
Upside Target	260.15

Intraday share price targets for Ashok Leyland (ASHOKLEY)

Target Type	Value
Downside Intraday Target	255.42
Downside Intraday Target	253.33
Upside Intraday Target	259.87
Upside Intraday Target	262.23
Upside Intraday Target	257.78

Weekly technical analysis of Ashok Leyland (ASHOKLEY)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	257.50	258.00	260.15	255.70	0.437 times
16 Fri Aug 2024	255.95	249.95	256.90	245.70	0.609 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

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
19 Mon Aug 2024	257.50	258.45	260.15	240.00	0.42 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 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 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 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 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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 positive zone. This is a BUY 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 250.02 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.