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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 2024-11-06 View latest technical analysis

10 day averaged volume of Ashok Leyland is 7537272

Date	Daily Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	215.61	213.85	216.50	211.84	0.843 times
05 Tue Nov 2024	211.84	208.69	212.90	207.01	0.763 times
04 Mon Nov 2024	208.71	210.70	210.70	202.00	1.513 times
01 Fri Nov 2024	209.25	209.79	210.25	208.00	0.154 times
31 Thu Oct 2024	208.18	209.44	210.43	206.81	0.891 times
30 Wed Oct 2024	209.39	207.80	212.15	206.60	0.744 times
29 Tue Oct 2024	208.15	212.00	212.50	206.18	1.462 times
28 Mon Oct 2024	211.89	213.60	216.40	211.50	1.071 times
25 Fri Oct 2024	214.00	218.90	219.26	210.87	1.367 times
24 Thu Oct 2024	217.26	214.50	218.34	214.15	1.156 times

My analysis of stock is bearish for shortterm, and stock might move down till 209.8 or till 201.6. Use a stoploss of 216.73 and if the stock hits stoploss, then it can shoot up till 223.63

Share price targets for Ashok Leyland (ASHOKLEY)

Target Type	Value
Downside Target	202.00
Downside Target	206.18
Downside Target	210.87
Downside 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	206.24
Downside Intraday Target	196.87
Upside Intraday Target	220.74
Upside Intraday Target	225.87
Downside Intraday Target	211.37

Weekly technical analysis of Ashok Leyland (ASHOKLEY)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	215.61	210.70	216.50	202.00	0.722 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 up 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
06 Wed Nov 2024	215.61	209.79	216.50	202.00	0.111 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 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 losing momentum.

MACD generated a BUY signal for Ashok Leyland in short term but the buy signal is initial and weak.

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. Bulls are getting stronger in this stock.

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 and BUY 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 211.52 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 rising upwards.

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 is giving positive 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.