Login or Join
Learn then Earn

(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)

10 day averaged volume of Ashok Leyland is 20356207

Date Daily Closing Price Open High Low Volume
14 Fri Jun 2024 239.84 237.00 242.69 235.89 0.836 times
13 Thu Jun 2024 236.79 238.90 240.52 235.55 0.447 times
12 Wed Jun 2024 238.04 239.00 241.50 237.31 0.602 times
11 Tue Jun 2024 237.96 232.35 238.85 230.10 0.666 times
10 Mon Jun 2024 231.42 233.90 233.95 228.82 0.864 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 234.8, but if it comes below 234.8, then a intra day sell could be more profitable.
If you take a sell trade below 234.8, then use 234.8 as stoploss and 224.09 as target. However if you take a buy trade in stock , then use 234.8 as stoploss and 247.6 as target.

Share price targets for Ashok Leyland (ASHOKLEY)

Target Type Value
Downside Target 157.55
Downside Target 166.25
Downside Target 173.95
Downside Target 186.85
Downside Target 206.15
Downside Target 219.45
Downside Target 228.82
Downside Target 230.80
Downside Target 237.95
Upside Target 242.69

Intraday share price targets for Ashok Leyland (ASHOKLEY)

Target Type Value
Downside Intraday Target 231.54
Downside Intraday Target 223.25
Upside Intraday Target 245.41
Upside Intraday Target 250.99
Downside Intraday Target 237.12

Weekly technical analysis of Ashok Leyland (ASHOKLEY)

Date Weekly Closing Price Open High Low Volume
14 Fri Jun 2024 239.84 233.90 242.69 228.82 0.518 times
07 Fri Jun 2024 231.45 235.00 237.95 192.00 0.805 times
31 Fri May 2024 224.00 216.00 230.80 212.60 1.784 times
24 Fri May 2024 210.70 208.90 219.45 206.15 1.14 times
17 Fri May 2024 207.85 199.55 209.95 190.05 1.119 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
14 Fri Jun 2024 239.84 235.00 242.69 192.00 0.414 times
31 Fri May 2024 224.00 195.85 230.80 190.05 1.303 times
30 Tue Apr 2024 192.65 173.00 194.25 166.25 1.576 times
28 Thu Mar 2024 171.25 171.00 173.95 157.55 0.573 times

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 27, 24, 7 Buy
MACD 20, 19Buy
Stochastics 93Buy
CCI 84Buy
RSI 52Buy
OBV 159177258Sell
VWAP 227Buy
ADL 0Sell
ROC 7Buy
Force Index 0Sell

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 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 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 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.

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 BUY signal for Ashok Leyland in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 and BUY 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 226.99 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 rising upwards.

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 positive

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

Click here for Ashok Leyland charts

Click here for further forecast and predictions for tomorrow

Learn then Earn
Back to top | Use Dark Theme