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 2024-10-17 View latest technical analysis

10 day averaged volume of Ashok Leyland is 12269724

Date	Daily Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	219.56	223.89	225.00	218.37	1.016 times
16 Wed Oct 2024	224.36	225.30	225.66	222.78	0.406 times
15 Tue Oct 2024	226.30	229.50	229.59	223.90	0.866 times
14 Mon Oct 2024	228.71	228.69	230.65	226.15	0.644 times
11 Fri Oct 2024	227.86	225.95	228.82	224.00	1.249 times
10 Thu Oct 2024	225.70	223.70	226.42	219.49	1.369 times
09 Wed Oct 2024	221.82	220.00	224.04	215.20	2.039 times
08 Tue Oct 2024	222.47	222.05	224.60	220.09	0.549 times
07 Mon Oct 2024	222.42	225.39	227.39	219.20	0.865 times
04 Fri Oct 2024	225.39	232.00	232.00	223.87	1.416 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 223.9, but if it comes above 223.9, then a intra day buy could be more profitable.
If you take a sell trade below 223.9, then use 223.9 as stoploss and 215.6 as target. However if you take a buy trade in stock , then use 223.9 as stoploss and 230.85 as target.

Share price targets for Ashok Leyland (ASHOKLEY)

Target Type	Value
Downside Target	192.00
Downside Target	215.20
Upside 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	215.07
Downside Intraday Target	210.58
Upside Intraday Target	227.35
Upside Intraday Target	235.14
Upside Intraday Target	222.86

Weekly technical analysis of Ashok Leyland (ASHOKLEY)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	219.56	228.69	230.65	218.37	0.483 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
17 Thu Oct 2024	219.56	235.90	242.19	215.20	0.911 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 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 getting stronger in this stock.

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 and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Ashok Leyland is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 224.3 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.