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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 2024-11-04 View latest technical analysis

10 day averaged volume of Ashok Leyland is 7160689

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	208.71	210.70	210.70	202.00	1.593 times
01 Fri Nov 2024	209.25	209.79	210.25	208.00	0.162 times
31 Thu Oct 2024	208.18	209.44	210.43	206.81	0.938 times
30 Wed Oct 2024	209.39	207.80	212.15	206.60	0.783 times
29 Tue Oct 2024	208.15	212.00	212.50	206.18	1.539 times
28 Mon Oct 2024	211.89	213.60	216.40	211.50	1.127 times
25 Fri Oct 2024	214.00	218.90	219.26	210.87	1.439 times
24 Thu Oct 2024	217.26	214.50	218.34	214.15	1.216 times
23 Wed Oct 2024	214.11	212.00	216.07	210.89	0.924 times
22 Tue Oct 2024	212.58	217.99	219.74	211.75	1.088 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 210.6, but if it comes above 210.6, then a intra day buy could be more profitable.
If you take a sell trade below 210.6, then use 210.6 as stoploss and 202.2 as target. However if you take a buy trade in stock , then use 210.6 as stoploss and 217.57 as target.

Share price targets for Ashok Leyland (ASHOKLEY)

Target Type	Value
Downside Target	202.00
Downside Target	206.18
Upside Target	210.70
Upside Target	215.20
Upside Target	224.20
Upside Target	228.82
Upside Target	230.65
Upside Target	233.05
Upside Target	240.00
Upside Target	242.19
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	203.57
Downside Intraday Target	198.44
Upside Intraday Target	212.27
Upside Intraday Target	215.84
Downside Intraday Target	207.14

Weekly technical analysis of Ashok Leyland (ASHOKLEY)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	208.71	210.70	210.70	202.00	0.35 times
01 Fri Nov 2024	209.25	213.60	216.40	206.18	0.835 times
25 Fri Oct 2024	214.00	223.28	224.20	210.87	0.958 times
18 Fri Oct 2024	223.28	228.69	230.65	217.80	0.547 times
11 Fri Oct 2024	227.86	225.39	228.82	215.20	1.601 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
04 Mon Nov 2024	208.71	209.79	210.70	202.00	0.057 times
31 Thu Oct 2024	208.18	235.90	242.19	206.18	1.377 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

Scroll below to view daily charts

Price has moved up 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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

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 211.49 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.