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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 2024-04-23 View latest technical analysis

10 day averaged volume of Ashok Leyland is 14526990

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	174.65	173.00	174.95	172.75	0.629 times
22 Mon Apr 2024	172.70	171.00	173.40	170.25	0.883 times
19 Fri Apr 2024	169.35	168.00	170.00	166.25	0.754 times
18 Thu Apr 2024	169.70	176.50	176.50	169.05	1.421 times
16 Tue Apr 2024	176.20	173.35	177.30	172.05	0.789 times
15 Mon Apr 2024	174.85	174.15	176.20	172.95	0.819 times
12 Fri Apr 2024	178.35	177.90	181.20	177.10	1.159 times
10 Wed Apr 2024	178.50	176.30	180.60	176.00	1.094 times
09 Tue Apr 2024	176.05	177.20	177.65	175.10	0.501 times
08 Mon Apr 2024	177.20	176.10	178.20	175.55	1.517 times

My analysis of stock is bullish for shortterm, and stock might move up till 176.9 or till 181.3. Use a stoploss of 173.22 and if this stock hits its stoploss, then it can fall down till 169.56

Share price targets for Ashok Leyland (ASHOKLEY)

Target Type	Value
Downside Target	157.55
Downside Target	165.25
Upside Target	174.95
Upside Target	175.10
Upside Target	177.30
Upside Target	178.35
Upside Target	181.20
Upside Target	184.20
Upside Target	186.85
Upside Target	189.60

Intraday share price targets for Ashok Leyland (ASHOKLEY)

Target Type	Value
Downside Intraday Target	171.62
Downside Intraday Target	168.58
Upside Intraday Target	176.32
Upside Intraday Target	177.98
Downside Intraday Target	173.28

Weekly technical analysis of Ashok Leyland (ASHOKLEY)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	174.65	171.00	174.95	170.25	0.4 times
19 Fri Apr 2024	169.35	174.15	177.30	166.25	0.886 times
12 Fri Apr 2024	178.35	176.10	181.20	175.10	0.659 times
05 Fri Apr 2024	176.00	173.00	178.35	171.00	1.9 times
28 Thu Mar 2024	171.25	167.25	172.60	167.00	0.804 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
23 Tue Apr 2024	174.65	173.00	181.20	166.25	0.974 times
28 Thu Mar 2024	171.25	171.00	173.95	157.55	0.573 times
29 Thu Feb 2024	169.90	177.20	186.85	166.40	1.369 times
31 Wed Jan 2024	175.90	182.50	189.60	167.70	0.961 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)

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 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 BUY. Signal strength is Weak and stock is gaining 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 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 174.83 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.