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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 2024-12-20 View latest technical analysis

10 day averaged volume of Ashok Leyland is 5882798

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	217.28	219.74	220.90	216.39	1.333 times
19 Thu Dec 2024	219.22	216.00	221.75	215.70	0.778 times
18 Wed Dec 2024	222.83	230.84	230.84	221.84	1.337 times
17 Tue Dec 2024	230.84	234.84	236.61	229.60	1.522 times
16 Mon Dec 2024	234.84	232.00	235.50	229.19	0.969 times
13 Fri Dec 2024	231.94	231.95	232.99	225.74	1.412 times
12 Thu Dec 2024	230.00	231.15	231.61	229.34	0.695 times
11 Wed Dec 2024	231.18	229.00	231.94	228.69	0.681 times
10 Tue Dec 2024	228.96	229.05	230.75	227.50	0.905 times
09 Mon Dec 2024	228.66	232.42	234.00	228.10	1.018 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 219.5, for a target of 225.4 or 230.22

Share price targets for Ashok Leyland (ASHOKLEY)

Target Type	Value
Downside Target	202.00
Downside Target	206.18
Downside Target	214.37
Upside Target	225.73
Upside Target	233.05
Upside Target	236.61
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	209.78
Downside Intraday Target	202.29
Upside Intraday Target	230.69
Upside Intraday Target	244.11
Upside Intraday Target	223.2

Weekly technical analysis of Ashok Leyland (ASHOKLEY)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	217.28	232.00	236.61	215.70	1.261 times
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

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
20 Fri Dec 2024	217.28	229.50	236.61	215.70	0.552 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 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 losing momentum.

MACD generated a SELL signal for Ashok Leyland in short term and the sell signal is strong.

Ashok Leyland Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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

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 227.4 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 positive

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