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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 2023-06-01 View latest technical analysis

10 day averaged volume of Ashok Leyl is 684282

Date	Daily Closing Price	Open	High	Low	Volume
01 Thu Jun 2023	147.10	146.35	148.00	145.70	0.627 times
31 Wed May 2023	146.35	145.20	146.70	144.80	2.199 times
30 Tue May 2023	145.80	145.50	146.10	144.55	0.718 times
29 Mon May 2023	146.10	146.25	147.05	145.25	0.762 times
26 Fri May 2023	145.50	146.05	146.50	144.80	0.54 times
25 Thu May 2023	145.45	149.80	150.00	144.20	1.08 times
24 Wed May 2023	150.30	155.00	155.00	148.30	1.466 times
23 Tue May 2023	152.15	154.00	154.65	151.70	0.636 times
22 Mon May 2023	153.15	154.10	154.70	152.45	0.34 times
19 Fri May 2023	154.55	152.15	154.90	151.55	1.111 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 146 as stoploss in an intra day buy trade for a target of 149.19. However, stock will show a bearish move below 146.

Share price targets for Ashok Leyl (AshokLeyl)

Target Type	Value
Downside Target	133.10
Downside Target	137.70
Downside Target	142.10
Upside Target	148.00
Upside Target	149.15
Upside Target	150.75
Upside Target	154.90
Upside Target	155.00
Upside Target	156.25

Intraday share price targets for Ashok Leyl (AshokLeyl)

Target Type	Value
Downside Intraday Target	145.1
Downside Intraday Target	143.1
Upside Intraday Target	148.55
Upside Intraday Target	150
Downside Intraday Target	146.55

Weekly technical analysis of Ashok Leyl (AshokLeyl)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Thu Jun 2023	147.10	146.25	148.00	144.55	1.06 times
26 Fri May 2023	145.50	154.10	155.00	144.20	0.619 times
19 Fri May 2023	154.55	149.15	154.90	149.15	3.039 times
12 Fri May 2023	149.75	144.35	150.75	144.35	0.799 times
05 Fri May 2023	144.45	145.95	146.00	142.10	0.434 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
01 Thu Jun 2023	147.10	146.35	148.00	145.70	0.033 times
31 Wed May 2023	146.35	145.95	155.00	142.10	1.273 times
28 Fri Apr 2023	145.95	140.20	146.30	134.45	1.341 times
31 Fri Mar 2023	139.15	145.75	146.45	133.10	0.613 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)

Price action analysis of Ashok Leyl ( (AshokLeyl) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 SELL. Signal strength is Weak and stock is losing 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below 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 and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 148.39 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.