BullFO

2021 Ashok Leyland (ASHOKLEY) technical analysis [forecast] stock price targets

Ashok Leyland technical analysis & forecast stock price targets, Daily, Weekly, Monthly technical analysis

Ashok Leyland deals in Commercial Vehicles Ashok Leyland option chain analysis

Date Close Open High Low Volume
15 Fri Jan 119.60 118.80 121.50 117.30 332.29 lakhs
14 Thu Jan 119.10 122.45 123.50 118.50 281.29 lakhs
13 Wed Jan 121.65 123.10 125.45 118.30 513.41 lakhs
12 Tue Jan 121.60 116.20 125.50 115.55 836.19 lakhs
11 Mon Jan 116.95 113.50 118.15 113.15 454.25 lakhs
ASHOKLEY chart

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 114.9, but if it comes below 114.9, then a intra day sell could be more profitable.
If you take a sell trade below 114.9, then use 114.9 as stoploss and 104.45 as target. However if you take a buy trade in stock , then use 114.9 as stoploss and 127.5 as target.

  • Daily Price action analysis of ASHOKLEY 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.

  • Daily Price action analysis of ASHOKLEY based on a short to mid 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.

  • Daily Price action analysis of ASHOKLEY based on a mid 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.

Intraday technical analysis of Ashok Leyland

Stock is trading at 119.60 as on 15 Fri Jan 15:33

Day open is at 118.80, day high is at 121.50, day low is at 117.30, and day volume is at 12583.21 lakhs so far.

First 15 minute high low range is 118.00 - 120.10

First hour high low range is 117.30 - 120.10

Date Intraday Price Open High Low Volume
15 Fri Jan 15:33 119.60 118.80 121.50 117.30 33222060
15 Fri Jan 15:30 119.25 118.80 121.50 117.30 33222060
15 Fri Jan 15:25 119.30 118.80 121.50 117.30 32860091
15 Fri Jan 15:20 119.85 118.80 121.50 117.30 32332455
15 Fri Jan 15:15 119.65 118.80 121.50 117.30 31635730
Intraday ASHOKLEY chart

Trend of Ashok Leyland is not defined as of yet. Wait for entry and exit levels given below.

Take a trade after 9:30am only.

Ashok Leyland (ASHOKLEY) intraday stock price targets

  • EntEntry: 119.05 or 119.975
  • Upside target: 120.1
  • Downside target : 115.9
  • Second Upside target: 122.65
  • Second Downside target : 118.45

Ashok Leyland (ASHOKLEY) weekly technical analysis

Date Weekly Close Open Range Volume
15 Fri Jan 119.60 113.50 113.15
125.50
2417.436 lakhs
08 Fri Jan 112.80 99.95 99.50
113.75
2216.475 lakhs
01 Fri Jan 99.10 95.90 93.75
99.90
845.736 lakhs
24 Thu Dec 95.25 97.45 87.25
98.50
1307.993 lakhs
18 Fri Dec 98.25 95.00 93.80
102.10
1667.748 lakhs
weekly ASHOKLEY chart

Weekly forecast of Ashok Leyland is positive. Buyers dominated the stock this week, and this trend might continue for a few days

Weekly Price action analysis of Ashok Leyland 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.

Weekly Price action analysis of Ashok Leyland based on a short to mid 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.

Ashok Leyland (ASHOKLEY) Monthly technical analysis

Date Monthly Close Open Range Volume
15 Fri Jan 119.60 95.70 95.70
125.50
4905.404 lakhs
31 Thu Dec 95.45 93.15 87.25
102.10
5630.297 lakhs
27 Fri Nov 92.15 79.80 78.60
97.80
7282.529 lakhs
30 Fri Oct 78.95 75.40 72.00
83.50
8312.098 lakhs
30 Wed Sep 74.40 67.90 64.15
83.40
12053.665 lakhs
monthly ASHOKLEY chart

Monthly forecast of Ashok Leyland is positive. Buyers dominated the stock this month, and this trend might continue for a few days

Monthly Price action analysis of Ashok Leyland 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.

Monthly Price action analysis of Ashok Leyland based on a short to mid 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.

Ashok Leyland Daily stock price targets

  • Upside daily target: 128.53
  • Upside daily target: 122.04
  • Downside daily target: 115.05
  • Downside daily target: 108.9
  • Downside daily target: 103.6

Ashok Leyland Weekly stock price targets

  • Upside weekly target: 128.73
  • Upside weekly target: 120.94
  • Downside weekly target: 109.95
  • Downside weekly target: 104.33
  • Downside weekly target: 99.06
  • Downside weekly target: 94.3
  • Downside weekly target: 89.21

Ashok Leyland Monthly stock price targets

  • Upside monthly target: 137.45
  • Downside monthly target: 116.58
  • Downside monthly target: 107.65
  • Downside monthly target: 96.73
  • Downside monthly target: 91.59
  • Downside monthly target: 86.98
  • Downside monthly target: 79.49
  • Downside monthly target: 75.48
  • Downside monthly target: 69.28
  • Downside monthly target: 65.88
  • Downside monthly target: 60.73
  • Downside monthly target: 54.3
  • Downside monthly target: 50.58
  • Downside monthly target: 47.75
  • Downside monthly target: 45.23
  • Downside monthly target: 37.23

Ashok Leyland (ASHOKLEY) indicators technical analysis

Price action analysis of Ashok Leyland (ASHOKLEY) 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.

ADX buy sell signal for Ashok Leyland stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Ashok Leyland 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 Leyland 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 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 Leyland in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 Leyland is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 114.13 and Ashok Leyland ASHOKLEY 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 Leyland ASHOKLEY stock. Volume based technical analysis of Ashok Leyland ASHOKLEY stock is negative.

Ashok Leyland 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.

Related companies

Quick Charts: Daily Charts Long term Charts Weekly Charts Monthly Charts Renko Charts PNF Charts

chart ASHOKLEY