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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 2024-10-11 View latest technical analysis

10 day averaged volume of Ashok Leyland is 12477713

Date	Daily Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	227.86	225.95	228.82	224.00	1.229 times
10 Thu Oct 2024	225.70	223.70	226.42	219.49	1.346 times
09 Wed Oct 2024	221.82	220.00	224.04	215.20	2.005 times
08 Tue Oct 2024	222.47	222.05	224.60	220.09	0.54 times
07 Mon Oct 2024	222.42	225.39	227.39	219.20	0.85 times
04 Fri Oct 2024	225.39	232.00	232.00	223.87	1.392 times
03 Thu Oct 2024	230.70	233.98	236.75	229.34	0.588 times
01 Tue Oct 2024	238.13	235.90	242.19	233.50	0.931 times
30 Mon Sep 2024	235.40	239.55	241.00	234.50	0.817 times
27 Fri Sep 2024	239.55	240.95	242.70	238.25	0.509 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 227 as stoploss in an intra day buy trade for a target of 234.22. However, stock will show a bearish move below 227.

Share price targets for Ashok Leyland (ASHOKLEY)

Target Type	Value
Downside Target	192.00
Downside Target	215.20
Downside Target	223.87
Upside Target	228.82
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	219.1
Downside Intraday Target	210.34
Upside Intraday Target	232.72
Upside Intraday Target	237.58
Downside Intraday Target	223.96

Weekly technical analysis of Ashok Leyland (ASHOKLEY)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	227.86	225.39	228.82	215.20	1.601 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 up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Ashok Leyland (ASHOKLEY)

Date	Monthly Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	227.86	235.90	242.19	215.20	0.688 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 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 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 losing momentum.

MACD generated a SELL signal for Ashok Leyland in short term and the sell 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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Ashok Leyland in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 227.6 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 negative.

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