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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 2024-12-13 View latest technical analysis

10 day averaged volume of Ashok Leyland is 5723991

Date	Daily Closing Price	Open	High	Low	Volume
13 Fri Dec 2024	231.94	231.95	232.99	225.74	1.451 times
12 Thu Dec 2024	230.00	231.15	231.61	229.34	0.714 times
11 Wed Dec 2024	231.18	229.00	231.94	228.69	0.7 times
10 Tue Dec 2024	228.96	229.05	230.75	227.50	0.93 times
09 Mon Dec 2024	228.66	232.42	234.00	228.10	1.046 times
06 Fri Dec 2024	232.18	232.70	234.20	230.40	0.704 times
05 Thu Dec 2024	232.59	234.00	234.60	231.29	0.813 times
04 Wed Dec 2024	233.98	235.20	235.98	232.12	1.415 times
03 Tue Dec 2024	235.18	230.70	235.88	229.61	1.278 times
02 Mon Dec 2024	229.82	229.50	231.45	226.18	1.205 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 234.5 as stoploss in an intra day sell trade for a target of 229.07. However, stock will show a bullish move above 234.5.

Share price targets for Ashok Leyland (ASHOKLEY)

Target Type	Value
Downside Target	202.00
Downside Target	206.18
Downside Target	214.26
Downside Target	225.73
Upside Target	235.98
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	227.12
Downside Intraday Target	222.3
Upside Intraday Target	235.38
Upside Intraday Target	238.82
Downside Intraday Target	230.56

Weekly technical analysis of Ashok Leyland (ASHOKLEY)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Fri Dec 2024	231.94	232.42	234.00	225.74	0.894 times
06 Fri Dec 2024	232.18	229.50	235.98	226.18	0.688 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

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
13 Fri Dec 2024	231.94	229.50	235.98	225.74	0.346 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 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 Weak and stock is losing momentum.

MACD generated a SELL signal for Ashok Leyland in short term but the sell 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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Ashok Leyland in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 231.65 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 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 positive

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