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 2024-10-09 View latest technical analysis

10 day averaged volume of Ashok Leyland is 9473175

Date	Daily Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	221.82	220.00	224.04	215.20	2.641 times
08 Tue Oct 2024	222.47	222.05	224.60	220.09	0.711 times
07 Mon Oct 2024	222.42	225.39	227.39	219.20	1.12 times
04 Fri Oct 2024	225.39	232.00	232.00	223.87	1.834 times
03 Thu Oct 2024	230.70	233.98	236.75	229.34	0.774 times
01 Tue Oct 2024	238.13	235.90	242.19	233.50	1.226 times
30 Mon Sep 2024	235.40	239.55	241.00	234.50	1.076 times
27 Fri Sep 2024	239.55	240.95	242.70	238.25	0.671 times
26 Thu Sep 2024	241.20	238.35	242.00	236.35	1.346 times
25 Wed Sep 2024	238.35	237.30	239.20	235.15	0.598 times

Stock of Ashok Leyland (ASHOKLEY) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 219.8, for a target of 228.6 or 235.92

Share price targets for Ashok Leyland (ASHOKLEY)

Target Type	Value
Downside Target	192.00
Downside Target	215.20
Upside Target	223.87
Upside Target	233.05
Upside Target	240.00
Upside Target	242.70
Upside Target	245.67
Upside Target	248.20
Upside Target	249.80
Upside Target	258.10
Upside Target	259.00
Upside Target	264.65

Intraday share price targets for Ashok Leyland (ASHOKLEY)

Target Type	Value
Downside Intraday Target	215.55
Downside Intraday Target	209.28
Upside Intraday Target	227.74
Upside Intraday Target	233.66
Downside Intraday Target	221.47

Weekly technical analysis of Ashok Leyland (ASHOKLEY)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	221.82	225.39	227.39	215.20	0.911 times
04 Fri Oct 2024	225.39	239.55	242.19	223.87	1.106 times
27 Fri Sep 2024	239.55	238.50	242.70	235.05	0.974 times
20 Fri Sep 2024	237.85	245.95	248.20	233.05	1.31 times
13 Fri Sep 2024	245.65	247.85	249.80	240.15	1.006 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
09 Wed Oct 2024	221.82	235.90	242.19	215.20	0.488 times
30 Mon Sep 2024	235.40	258.10	258.10	233.05	0.815 times
30 Fri Aug 2024	256.45	258.45	264.65	240.00	0.636 times
31 Wed Jul 2024	257.09	241.90	259.00	219.35	1.063 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Ashok Leyland ( (ASHOKLEY) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Ashok Leyland ( (ASHOKLEY) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 and the sell signal is strong.

Ashok Leyland Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term but selling 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 229.91 and Ashok Leyland (ASHOKLEY) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.