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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 2024-11-26 View latest technical analysis

10 day averaged volume of Ashok Leyland is 11032293

Date	Daily Closing Price	Open	High	Low	Volume
26 Tue Nov 2024	231.54	235.00	235.75	231.00	0.488 times
25 Mon Nov 2024	234.91	226.00	235.82	226.00	1.671 times
22 Fri Nov 2024	223.96	219.33	224.89	219.21	0.557 times
21 Thu Nov 2024	218.90	218.63	219.89	214.37	0.949 times
19 Tue Nov 2024	221.34	217.50	225.73	216.28	0.736 times
18 Mon Nov 2024	220.25	217.56	221.24	215.75	0.51 times
14 Thu Nov 2024	217.57	217.42	219.59	214.82	0.437 times
13 Wed Nov 2024	217.42	218.00	220.18	214.26	0.828 times
12 Tue Nov 2024	221.12	225.20	226.00	219.16	0.765 times
11 Mon Nov 2024	224.34	224.00	230.45	222.94	1.643 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 233.9, for a target of 225 or 217.61

Share price targets for Ashok Leyland (ASHOKLEY)

Target Type	Value
Downside Target	202.00
Downside Target	206.18
Downside Target	214.26
Upside Target	233.05
Upside Target	235.82
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	226.42
Downside Intraday Target	221.3
Upside Intraday Target	236.24
Upside Intraday Target	240.94
Downside Intraday Target	231.12

Weekly technical analysis of Ashok Leyland (ASHOKLEY)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Tue Nov 2024	231.54	226.00	235.82	226.00	0.785 times
22 Fri Nov 2024	223.96	217.56	225.73	214.37	0.749 times
14 Thu Nov 2024	217.57	224.00	230.45	214.26	0.773 times
08 Fri Nov 2024	221.89	210.70	222.70	202.00	1.609 times
01 Fri Nov 2024	209.25	213.60	216.40	206.18	0.835 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
26 Tue Nov 2024	231.54	209.79	235.82	202.00	0.668 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 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 to mid 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Ashok Leyland in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! 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 coming down

CCI has generated a buy signal for Ashok Leyland in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying 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 224.38 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 positive

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