(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.
10 day averaged volume of Ashok Leyland is 26206801
|Date||Daily Closing Price||Open||High||Low||Volume|
|16 Fri Apr 2021||113.65||112.50||115.85||112.00||0.726 times|
|15 Thu Apr 2021||112.00||113.15||114.85||110.05||0.859 times|
|13 Tue Apr 2021||115.30||113.05||115.80||111.50||0.901 times|
|12 Mon Apr 2021||112.15||117.35||117.35||110.75||1.378 times|
|09 Fri Apr 2021||121.20||124.25||125.60||120.35||1.049 times|
|08 Thu Apr 2021||122.75||117.95||124.80||117.25||2.061 times|
|07 Wed Apr 2021||116.75||113.00||117.15||112.50||0.836 times|
|06 Tue Apr 2021||112.50||114.40||114.80||112.00||0.596 times|
|05 Mon Apr 2021||113.35||117.40||117.60||110.80||0.853 times|
|01 Thu Apr 2021||118.15||115.25||118.75||113.50||0.837 times|
My analysis of stock is bearish for shortterm, and stock might move down till 111.7 or till 108. Use a stoploss of 114.81 and if the stock hits stoploss, then it can shoot up till 117.89
Share price targets for Ashok Leyland (ASHOKLEY)
Intraday share price targets for Ashok Leyland (ASHOKLEY)
|Downside Intraday Target||110.02|
|Downside Intraday Target||106.38|
|Upside Intraday Target||117.32|
|Upside Intraday Target||120.98|
|Upside Intraday Target||113.68|
Weekly technical analysis of Ashok Leyland (ASHOKLEY)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|16 Fri Apr 2021||113.65||117.35||117.35||110.05||0.716 times|
|09 Fri Apr 2021||121.20||117.40||125.60||110.80||2.552 times|
|01 Thu Apr 2021||118.15||115.50||118.75||111.70||0.509 times|
|26 Fri Mar 2021||114.05||116.10||116.80||107.25||0.741 times|
|19 Fri Mar 2021||116.30||123.60||123.90||108.00||1.888 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|
|16 Fri Apr 2021||113.65||115.25||125.60||110.05||0.537 times|
|31 Wed Mar 2021||113.50||130.70||134.35||107.25||0.773 times|
|25 Thu Feb 2021||131.15||111.90||138.90||108.50||0.784 times|
|29 Fri Jan 2021||110.80||95.70||127.25||95.70||1.444 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)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||18, 27, 18||Sell|
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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red 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 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 116.63 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 is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.