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(AshokAlco) Ashok Alco complete technical analysis [charts+indicators] | Buy/Sell Ashok Alco | (AshokAlco) share price targets

Complete technical analysis of Ashok Alco (AshokAlco) by charts plus indicators, forecast predictions and share price targets for Ashok Alco (AshokAlco)

10 day averaged volume of Ashok Alco is 6672

Date	Daily Closing Price	Open	High	Low	Volume
29 Fri Sep 2023	125.25	125.10	126.70	123.00	0.429 times
28 Thu Sep 2023	127.30	119.85	128.70	119.00	3.258 times
27 Wed Sep 2023	123.40	123.50	128.40	117.30	1.122 times
26 Tue Sep 2023	121.50	121.00	124.00	115.30	1.25 times
25 Mon Sep 2023	119.00	112.65	121.00	111.55	1.325 times
22 Fri Sep 2023	112.65	115.20	115.20	112.35	0.587 times
21 Thu Sep 2023	110.90	110.70	115.00	110.00	0.619 times
20 Wed Sep 2023	114.50	113.75	116.40	111.70	0.412 times
18 Mon Sep 2023	113.75	118.00	118.00	111.70	0.532 times
15 Fri Sep 2023	113.80	114.15	115.85	112.00	0.507 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 123.5, but if it comes below 123.5, then a intra day sell could be more profitable.
If you take a sell trade below 123.5, then use 123.5 as stoploss and 118.39 as target. However if you take a buy trade in stock , then use 123.5 as stoploss and 129.6 as target.

Share price targets for Ashok Alco (AshokAlco)

Target Type	Value
Downside Target	88.05
Downside Target	90.00
Downside Target	96.00
Downside Target	102.25
Downside Target	105.35
Downside Target	110.00
Downside Target	115.00
Downside Target	118.00
Downside Target	122.40
Downside Target	124.90
Upside Target	125.70
Upside Target	128.70
Upside Target	134.90
Upside Target	135.33

Intraday share price targets for Ashok Alco (AshokAlco)

Target Type	Value
Downside Intraday Target	114.97
Downside Intraday Target	104.68
Upside Intraday Target	132.12
Upside Intraday Target	138.98
Downside Intraday Target	121.83

Weekly technical analysis of Ashok Alco (AshokAlco)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Fri Sep 2023	125.25	112.65	128.70	111.55	3.433 times
22 Fri Sep 2023	112.65	118.00	118.00	110.00	0.631 times
15 Fri Sep 2023	113.80	125.70	125.70	105.35	0.492 times
08 Fri Sep 2023	121.80	123.70	134.90	115.00	1.047 times
01 Fri Sep 2023	120.65	112.95	122.40	112.00	1.084 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Ashok Alco (AshokAlco)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Fri Sep 2023	125.25	121.40	134.90	105.35	0.724 times
31 Thu Aug 2023	118.60	110.60	124.90	102.25	0.483 times
31 Mon Jul 2023	110.67	95.77	135.33	91.62	6.836 times
30 Fri Jun 2023	95.77	94.00	112.00	90.00	1.434 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 Alco (AshokAlco)

Price action analysis of Ashok Alco ( (AshokAlco) ) 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 Alco ( (AshokAlco) ) based on a short to mid 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 Alco ( (AshokAlco) ) 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 Alco stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Ashok Alco 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 Alco Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down

CCI has generated a SELL signal for Ashok Alco in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 Alco is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 121.17 and Ashok Alco (AshokAlco) 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 Alco (AshokAlco) stock. Volume based technical analysis of Ashok Alco (AshokAlco) stock is negative.

Ashok Alco 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.