Homepage Active Options Active Stocks

Stock analysis Ashok Leyland Limited ASHOKLEY

More indepth analysis on MunafaSutra.com

Moving Averages for Ashok Leyland Limited

  • 5Day Average: 174.4
  • 12Day Average: 175.24
  • 20Day Average: 174.31
  • 50Day Average: 171.51
  • 100Day Average: 173.54
  • 150Day Average: 173.89
  • 200Day Average: 175.67

ASHOKLEY Indicators & signals

Indicator MACD (12,26,9)

174.65, 173.27, 1.2
Indicator MACD is in positive zone

Indicator ADX (14)

20, 30.46, 20.3
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 50
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of ASHOKLEY Ashok Leyland Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
25 Thu Apr 2024 177.70 177.05 to 178.80 0.06% 0.92 times
24 Wed Apr 2024 177.60 174.40 to 178.40 1.69% 1.02 times
23 Tue Apr 2024 174.65 172.75 to 174.95 1.13% 0.7 times
22 Mon Apr 2024 172.70 170.25 to 173.40 1.98% 0.99 times
19 Fri Apr 2024 169.35 166.25 to 170.00 -0.21% 0.84 times
18 Thu Apr 2024 169.70 169.05 to 176.50 -3.69% 1.58 times
16 Tue Apr 2024 176.20 172.05 to 177.30 0.77% 0.88 times
15 Mon Apr 2024 174.85 172.95 to 176.20 -1.96% 0.91 times
12 Fri Apr 2024 178.35 177.10 to 181.20 -0.08% 1.29 times
10 Wed Apr 2024 178.50 176.00 to 180.60 1.39% 1.22 times
09 Tue Apr 2024 176.05 175.10 to 177.65 -0.65% 0.56 times
08 Mon Apr 2024 177.20 175.55 to 178.20 0.68% 1.69 times

Technical analysis forecast of Ashok Leyland Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Ashok Leyland Limited ASHOKLEY at this time. Stock is rising and might rise more.

It appears as if Ashok Leyland Limited ASHOKLEY gave a large move recently.

Stock of Ashok Leyland Limited (ASHOKLEY) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Ashok Leyland Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Ashok Leyland Limited stays above 176.9, but if it comes below 176.9, then a intra day sell could be more profitable.
If you take a sell trade below 176.9, then use 176.9 as stoploss and 173.76 as target. However if you take a buy trade in Ashok Leyland Limited, then use 176.9 as stoploss and 180.7 as target.

More indepth analysis on MunafaSutra.com