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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 2022-05-12 View latest technical analysis

10 day averaged volume of Ashok Leyl is 1257702

Date Daily Closing Price Open High Low Volume
12 Thu May 2022 117.40 115.30 118.20 113.00 0.768 times
11 Wed May 2022 116.40 120.50 120.50 114.70 0.448 times
10 Tue May 2022 118.65 117.10 121.60 117.10 0.926 times
09 Mon May 2022 117.45 118.10 118.90 114.75 0.548 times
06 Fri May 2022 119.25 122.50 123.40 118.55 1.037 times
05 Thu May 2022 123.55 122.50 127.65 121.50 0.725 times
04 Wed May 2022 120.50 127.25 127.75 119.25 2.083 times
02 Mon May 2022 126.10 126.40 127.40 122.25 1.24 times
29 Fri Apr 2022 127.20 129.15 131.00 126.40 1.748 times
28 Thu Apr 2022 128.50 128.50 129.05 127.40 0.31 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 120.1, but if it comes above 120.1, then a intra day buy could be more profitable.
If you take a sell trade below 120.1, then use 120.1 as stoploss and 114.8 as target. However if you take a buy trade in stock , then use 120.1 as stoploss and 124.59 as target.

Share price targets for Ashok Leyl (AshokLeyl)

Target Type Value
Downside Target 93.20
Downside Target 113.00
Downside Target 116.35
Upside Target 121.60
Upside Target 127.75
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 113.07
Downside Intraday Target 108.73
Upside Intraday Target 121.67
Upside Intraday Target 125.93
Downside Intraday Target 117.33

Weekly technical analysis of Ashok Leyl (AshokLeyl)

Date Weekly Closing Price Open High Low Volume
12 Thu May 2022 117.40 118.10 121.60 113.00 0.529 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
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

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
12 Thu May 2022 117.40 126.40 127.75 113.00 0.561 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, 30, 41 Sell
MACD -2, 0Sell
Stochastics 19Sell
CCI -98Sell
RSI 43Sell
OBV -5782755Sell
VWAP 122Sell
ADL 0Sell
ROC -8Sell
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 and the sell signal is strong.

Ashok Leyl Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 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 121.97 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

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Daily chart

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