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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 2024-12-02 View latest technical analysis

10 day averaged volume of Ashok Leyland is 8025931

Date	Daily Closing Price	Open	High	Low	Volume
02 Mon Dec 2024	229.82	229.50	231.45	226.18	0.859 times
29 Fri Nov 2024	232.08	232.00	232.80	229.21	0.852 times
28 Thu Nov 2024	231.58	236.05	237.06	230.36	1.142 times
27 Wed Nov 2024	234.86	233.00	235.71	231.54	0.657 times
26 Tue Nov 2024	231.54	235.00	235.75	231.00	0.671 times
25 Mon Nov 2024	234.91	226.00	235.82	226.00	2.296 times
22 Fri Nov 2024	223.96	219.33	224.89	219.21	0.765 times
21 Thu Nov 2024	218.90	218.63	219.89	214.37	1.304 times
19 Tue Nov 2024	221.34	217.50	225.73	216.28	1.012 times
18 Mon Nov 2024	220.25	217.56	221.24	215.75	0.7 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 230.1 as stoploss in an intra day sell trade for a target of 222.14. However, stock will show a bullish move above 230.1.

Share price targets for Ashok Leyland (ASHOKLEY)

Target Type	Value
Downside Target	202.00
Downside Target	206.18
Downside Target	214.26
Downside Target	222.70
Upside Target	231.45
Upside Target	233.05
Upside Target	237.06
Upside Target	240.00
Upside Target	242.19
Upside Target	258.10
Upside Target	264.65

Intraday share price targets for Ashok Leyland (ASHOKLEY)

Target Type	Value
Downside Intraday Target	226.85
Downside Intraday Target	223.88
Upside Intraday Target	232.12
Upside Intraday Target	234.42
Downside Intraday Target	229.15

Weekly technical analysis of Ashok Leyland (ASHOKLEY)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Mon Dec 2024	229.82	229.50	231.45	226.18	0.153 times
29 Fri Nov 2024	232.08	226.00	237.06	226.00	1.486 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

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
02 Mon Dec 2024	229.82	229.50	231.45	226.18	0.041 times
29 Fri Nov 2024	232.08	209.79	237.06	202.00	0.764 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

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 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 losing 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Ashok Leyland in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 228.46 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.