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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 2024-12-30 View latest technical analysis

10 day averaged volume of Ashok Leyland is 5870227

Date	Daily Closing Price	Open	High	Low	Volume
30 Mon Dec 2024	223.38	220.50	224.70	218.05	1.142 times
27 Fri Dec 2024	220.51	220.55	223.75	219.74	0.397 times
26 Thu Dec 2024	220.14	220.00	220.95	218.02	0.69 times
24 Tue Dec 2024	219.88	219.13	221.89	217.99	0.72 times
23 Mon Dec 2024	218.94	217.35	222.76	217.35	0.826 times
20 Fri Dec 2024	217.28	219.74	220.90	216.39	1.336 times
19 Thu Dec 2024	219.22	216.00	221.75	215.70	0.78 times
18 Wed Dec 2024	222.83	230.84	230.84	221.84	1.34 times
17 Tue Dec 2024	230.84	234.84	236.61	229.60	1.525 times
16 Mon Dec 2024	234.84	232.00	235.50	229.19	0.972 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 221.2 as stoploss in an intra day buy trade for a target of 227.12. However, stock will show a bearish move below 221.2.

Share price targets for Ashok Leyland (ASHOKLEY)

Target Type	Value
Downside Target	202.00
Downside Target	206.18
Downside Target	215.70
Upside Target	223.75
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	219.39
Downside Intraday Target	215.39
Upside Intraday Target	226.04
Upside Intraday Target	228.69
Downside Intraday Target	222.04

Weekly technical analysis of Ashok Leyland (ASHOKLEY)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Mon Dec 2024	223.38	220.50	224.70	218.05	0.433 times
27 Fri Dec 2024	220.51	217.35	223.75	217.35	0.443 times
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

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
30 Mon Dec 2024	223.38	229.50	236.61	215.70	0.683 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 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 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 Weak and stock is gaining momentum.

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

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

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

RSI is generating a SELL signal in short term but selling 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 223.46 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.