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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 2023-06-08 View latest technical analysis

10 day averaged volume of Ashok Leyl is 572256

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu Jun 2023	153.05	150.80	153.65	150.80	0.61 times
07 Wed Jun 2023	151.90	150.50	152.70	150.15	0.572 times
06 Tue Jun 2023	150.10	150.00	150.30	149.00	0.417 times
05 Mon Jun 2023	149.00	146.75	149.75	146.50	1.312 times
02 Fri Jun 2023	146.20	146.90	146.90	144.50	0.612 times
01 Thu Jun 2023	147.10	146.35	148.00	145.70	0.75 times
31 Wed May 2023	146.35	145.20	146.70	144.80	2.63 times
30 Tue May 2023	145.80	145.50	146.10	144.55	0.858 times
29 Mon May 2023	146.10	146.25	147.05	145.25	0.911 times
26 Fri May 2023	145.50	146.05	146.50	144.80	0.646 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 153, but if it comes below 153, then a intra day sell could be more profitable.
If you take a sell trade below 153, then use 153 as stoploss and 149.91 as target. However if you take a buy trade in stock , then use 153 as stoploss and 156.8 as target.

Share price targets for Ashok Leyl (AshokLeyl)

Target Type	Value
Downside Target	133.10
Downside Target	137.70
Downside Target	142.10
Downside Target	149.15
Downside Target	150.75
Upside Target	153.65
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	148.48
Downside Intraday Target	143.92
Upside Intraday Target	155.63
Upside Intraday Target	158.22
Downside Intraday Target	151.07

Weekly technical analysis of Ashok Leyl (AshokLeyl)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu Jun 2023	153.05	146.75	153.65	146.50	0.505 times
02 Fri Jun 2023	146.20	146.25	148.00	144.50	1.186 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

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
08 Thu Jun 2023	153.05	146.35	153.65	144.50	0.186 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 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 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 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 stronger in this stock.

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 and BUY 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

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 147.59 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.