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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 2024-10-15 View latest technical analysis

10 day averaged volume of Ashok Leyland is 12890205

Date	Daily Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	226.30	229.50	229.59	223.90	0.824 times
14 Mon Oct 2024	228.71	228.69	230.65	226.15	0.613 times
11 Fri Oct 2024	227.86	225.95	228.82	224.00	1.189 times
10 Thu Oct 2024	225.70	223.70	226.42	219.49	1.303 times
09 Wed Oct 2024	221.82	220.00	224.04	215.20	1.941 times
08 Tue Oct 2024	222.47	222.05	224.60	220.09	0.523 times
07 Mon Oct 2024	222.42	225.39	227.39	219.20	0.823 times
04 Fri Oct 2024	225.39	232.00	232.00	223.87	1.347 times
03 Thu Oct 2024	230.70	233.98	236.75	229.34	0.569 times
01 Tue Oct 2024	238.13	235.90	242.19	233.50	0.901 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 225.9 as stoploss in an intra day buy trade for a target of 232.5. However, stock will show a bearish move below 225.9.

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	242.19
Upside Target	242.70
Upside Target	245.67
Upside Target	248.20
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	223.25
Downside Intraday Target	220.2
Upside Intraday Target	230
Upside Intraday Target	233.7
Upside Intraday Target	226.95

Weekly technical analysis of Ashok Leyland (ASHOKLEY)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	226.30	228.69	230.65	223.90	0.249 times
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

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
15 Tue Oct 2024	226.30	235.90	242.19	215.20	0.802 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 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 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.

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 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 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 226.36 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.