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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 2022-05-06 View latest technical analysis

10 day averaged volume of Ashok Leyl is 1166764

Date Daily Closing Price Open High Low Volume
06 Fri May 2022 119.25 122.50 123.40 118.55 1.118 times
05 Thu May 2022 123.55 122.50 127.65 121.50 0.781 times
04 Wed May 2022 120.50 127.25 127.75 119.25 2.245 times
02 Mon May 2022 126.10 126.40 127.40 122.25 1.337 times
29 Fri Apr 2022 127.20 129.15 131.00 126.40 1.884 times
28 Thu Apr 2022 128.50 128.50 129.05 127.40 0.334 times
27 Wed Apr 2022 126.95 129.00 130.10 126.35 1.007 times
26 Tue Apr 2022 129.85 127.00 131.95 127.00 0.864 times
25 Mon Apr 2022 125.75 129.55 129.55 125.40 0.504 times
22 Fri Apr 2022 129.00 126.80 130.35 126.50 0.722 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 120.2, for a target of 123.7 or 126.61

Share price targets for Ashok Leyl (AshokLeyl)

Target Type Value
Downside Target 93.20
Downside Target 113.00
Downside Target 116.35
Upside Target 123.00
Upside Target 127.75
Upside Target 129.85
Upside Target 130.35
Upside Target 131.60
Upside Target 131.95
Upside Target 139.25
Upside Target 141.85

Intraday share price targets for Ashok Leyl (AshokLeyl)

Target Type Value
Downside Intraday Target 115.95
Downside Intraday Target 112.65
Upside Intraday Target 125.15
Upside Intraday Target 131.05
Upside Intraday Target 121.85

Weekly technical analysis of Ashok Leyl (AshokLeyl)

Date Weekly Closing Price Open High Low Volume
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
22 Fri Apr 2022 129.00 127.00 130.35 123.00 1.202 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

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 Leyl (AshokLeyl)

Date Monthly Closing Price Open High Low Volume
06 Fri May 2022 119.25 126.40 127.75 118.55 0.367 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 down 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 13, 26, 33 Sell
MACD 1, 3Sell
Stochastics 16Sell
CCI -156Sell
RSI 44Sell
OBV -1914807Sell
VWAP 125Sell
ADL 0Sell
ROC -7Sell
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 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Ashok Leyl in short term but the sell signal is initial and weak.

Ashok Leyl Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Ashok Leyl in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 124.86 and Ashok Leyl (AshokLeyl) 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 Leyl (AshokLeyl) stock. Volume based technical analysis of Ashok Leyl (AshokLeyl) stock is negative.

Ashok Leyl 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.

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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