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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 2024-08-29 View latest technical analysis

10 day averaged volume of Ashok Leyland is 7126454

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	253.80	260.00	260.95	251.85	1.484 times
28 Wed Aug 2024	260.45	262.50	263.35	260.00	0.617 times
27 Tue Aug 2024	262.15	260.15	264.65	258.60	1.317 times
26 Mon Aug 2024	260.15	260.05	261.15	258.55	0.67 times
23 Fri Aug 2024	260.40	261.95	262.85	258.95	0.81 times
22 Thu Aug 2024	261.75	260.20	262.40	259.75	0.59 times
21 Wed Aug 2024	260.25	258.45	261.50	258.15	0.502 times
20 Tue Aug 2024	260.00	258.10	261.75	256.85	1.21 times
19 Mon Aug 2024	257.50	258.00	260.15	255.70	2.052 times
16 Fri Aug 2024	255.95	249.05	256.90	248.50	1.579 times

My analysis of stock is bearish for shortterm, and stock might move down till 247.7 or till 240.3. Use a stoploss of 253.84 and if the stock hits stoploss, then it can shoot up till 259.99

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	251.85
Upside Target	255.70
Upside Target	256.90
Upside Target	259.00
Upside Target	262.85
Upside Target	264.65

Intraday share price targets for Ashok Leyland (ASHOKLEY)

Target Type	Value
Downside Intraday Target	248.88
Downside Intraday Target	243.97
Upside Intraday Target	261.68
Upside Intraday Target	269.57
Upside Intraday Target	256.77

Weekly technical analysis of Ashok Leyland (ASHOKLEY)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	253.80	260.05	264.65	251.85	0.792 times
23 Fri Aug 2024	260.40	258.00	262.85	255.70	1.101 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

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
29 Thu Aug 2024	253.80	258.45	264.65	240.00	0.585 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 SELL. Signal strength is Weak and stock is losing 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 tired and bears are picking up momentum.

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 and SELL 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 258.52 and Ashok Leyland (ASHOKLEY) stock is trading below this level. This means that stock is falling with high volumes. 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.