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(AshokLeyl) Ashok Leyl complete technical analysis [charts+indicators] | Buy/Sell Ashok Leyl | (AshokLeyl) share price targets

Complete technical analysis of Ashok Leyl (AshokLeyl) by charts plus indicators, forecast predictions and share price targets for Ashok Leyl (AshokLeyl)

10 day averaged volume of Ashok Leyl is 1350596

Date Daily Closing Price Open High Low Volume
27 Fri May 2022 140.25 139.40 141.45 137.05 0.786 times
26 Thu May 2022 137.40 139.10 140.10 136.20 0.977 times
25 Wed May 2022 139.05 143.10 143.10 138.35 0.77 times
24 Tue May 2022 141.10 137.65 141.65 137.20 1.759 times
23 Mon May 2022 135.85 135.00 140.25 135.00 1.559 times
20 Fri May 2022 130.30 129.00 132.90 127.20 2.001 times
19 Thu May 2022 122.90 123.00 125.10 122.05 0.461 times
18 Wed May 2022 126.40 128.00 128.40 124.95 0.346 times
17 Tue May 2022 127.50 125.55 127.90 124.45 0.639 times
16 Mon May 2022 125.55 121.50 125.90 121.30 0.565 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 134.6, but if it comes below 134.6, then a intra day sell could be more profitable.
If you take a sell trade below 134.6, then use 134.6 as stoploss and 126.77 as target. However if you take a buy trade in stock , then use 134.6 as stoploss and 144.1 as target.

Share price targets for Ashok Leyl (AshokLeyl)

Target Type Value
Downside Target 93.20
Downside Target 113.00
Downside Target 116.35
Downside Target 124.15
Downside Target 131.95
Downside Target 132.90
Downside Target 135.00
Downside Target 139.25
Upside Target 141.85
Upside Target 143.10

Intraday share price targets for Ashok Leyl (AshokLeyl)

Target Type Value
Downside Intraday Target 135.8
Downside Intraday Target 131.35
Upside Intraday Target 143.9
Upside Intraday Target 147.55
Downside Intraday Target 139.45

Weekly technical analysis of Ashok Leyl (AshokLeyl)

Date Weekly Closing Price Open High Low Volume
27 Fri May 2022 140.25 135.00 143.10 135.00 1.459 times
20 Fri May 2022 130.30 121.50 132.90 121.30 1.17 times
13 Fri May 2022 122.65 118.10 126.15 113.00 0.724 times
06 Fri May 2022 119.25 126.40 127.75 118.55 1.193 times
29 Fri Apr 2022 127.20 129.55 131.95 125.40 1.855 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 Leyl (AshokLeyl)

Date Monthly Closing Price Open High Low Volume
27 Fri May 2022 140.25 126.40 143.10 113.00 1.397 times
29 Fri Apr 2022 127.20 117.25 131.95 116.35 0.425 times
31 Thu Mar 2022 117.25 118.75 119.20 93.20 1.569 times
28 Mon Feb 2022 118.75 132.80 139.25 113.00 1.478 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 Leyl (AshokLeyl)

Indicator Name Indicator Value Indicator Signal
ADX 35, 15, 39 Buy
MACD 7, 5Buy
Stochastics 84Buy
CCI 73Buy
RSI 58Buy
OBV 2164701Sell
VWAP 134Buy
ADL 0Sell
ROC 14Buy
Force Index 0Sell

Price action analysis of Ashok Leyl ( (AshokLeyl) ) 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 Leyl ( (AshokLeyl) ) 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 Leyl ( (AshokLeyl) ) 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 Leyl ( (AshokLeyl) ) 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 Leyl stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Ashok Leyl 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 Leyl 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 Leyl 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Ashok Leyl is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 134.35 and Ashok Leyl (AshokLeyl) 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 Leyl (AshokLeyl) stock. Volume based technical analysis of Ashok Leyl (AshokLeyl) stock is negative.

Ashok Leyl 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 Leyl charts

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Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

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