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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)

Showing technical analysis as on 2022-04-20 View latest technical analysis

10 day averaged volume of Ashok Leyl is 899927

Date Daily Closing Price Open High Low Volume
20 Wed Apr 2022 127.70 126.90 128.05 124.75 0.752 times
19 Tue Apr 2022 124.45 128.00 129.25 123.00 0.456 times
18 Mon Apr 2022 127.55 127.00 128.40 125.15 0.651 times
13 Wed Apr 2022 127.60 129.25 130.90 127.35 0.69 times
12 Tue Apr 2022 129.55 130.85 130.85 127.00 0.881 times
11 Mon Apr 2022 130.45 129.35 131.60 129.25 1.101 times
08 Fri Apr 2022 129.15 126.05 129.85 126.05 1.574 times
07 Thu Apr 2022 126.00 125.00 127.80 124.15 1.111 times
06 Wed Apr 2022 124.65 123.30 124.90 122.35 1.526 times
05 Tue Apr 2022 123.30 123.00 125.00 121.35 1.063 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 127.6, but if it comes below 127.6, then a intra day sell could be more profitable.
If you take a sell trade below 127.6, then use 127.6 as stoploss and 121.04 as target. However if you take a buy trade in stock , then use 127.6 as stoploss and 135.4 as target.

Share price targets for Ashok Leyl (AshokLeyl)

Target Type Value
Downside Target 93.20
Downside Target 107.50
Downside Target 111.65
Downside Target 115.60
Downside Target 123.00
Downside Target 127.00
Upside Target 129.25
Upside Target 129.85
Upside Target 130.25
Upside Target 131.60
Upside Target 139.25
Upside Target 141.85

Intraday share price targets for Ashok Leyl (AshokLeyl)

Target Type Value
Downside Intraday Target 124.05
Downside Intraday Target 120.4
Upside Intraday Target 130.3
Upside Intraday Target 132.9
Downside Intraday Target 126.65

Weekly technical analysis of Ashok Leyl (AshokLeyl)

Date Weekly Closing Price Open High Low Volume
20 Wed Apr 2022 127.70 127.00 129.25 123.00 0.696 times
13 Wed Apr 2022 127.60 129.35 131.60 127.00 0.429 times
08 Fri Apr 2022 129.15 121.75 129.85 119.30 1.025 times
01 Fri Apr 2022 119.10 114.45 119.65 111.65 0.843 times
25 Fri Mar 2022 113.50 115.60 115.60 107.50 0.801 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
20 Wed Apr 2022 127.70 117.25 131.60 116.35 0.265 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
31 Mon Jan 2022 132.50 125.00 141.85 124.15 1.017 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 24, 20, 9 Buy
MACD 4, 3Buy
Stochastics 59None
CCI -3Buy
RSI 49Sell
OBV 10702215Sell
VWAP 127Buy
ADL 0Sell
ROC 6Buy
Force Index 0Sell

Price action analysis of Ashok Leyl ( (AshokLeyl) ) 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 Leyl ( (AshokLeyl) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 Leyl stock for short term is BUY. Signal strength is Weak 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears 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 Leyl 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 Leyl is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 127.1 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.

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Daily charts

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Daily chart

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