Overall Technical outlook

Price Summary

On 2026-04-09, Ashok Leyland Limited's stock opened at 172.8, reached a high of 174.75, dropped to a low of 169.01, and closed lower -1.4% at 170.38, with a trading volume of 34380836 shares.
The stock reached its highest price of 252.95 and lowest price of 0.0 over the last 52 weeks.
The anticipated price is forecasted to be between 132.5 and 250.0, with an average price expectation of 203.54167, based on input from 36 analysts.

Technicals

Support and Resistance: The price is currently at 170.38, supported by 148.26 and resisted by 172.77. This indicates a range where 148.26 may provide a base for the price, while 172.77 serves as a cap on further upward movement for ASHOKLEY.
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Support/Resistance for ASHOKLEY


Aroon: The current reading of the AROON is neutral for ASHOKLEY, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction.
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Aroon chart for Ashok Leyland Limited


Bol. Bands: The current reading of the BOLL BANDS is neutral for ASHOKLEY, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction.
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Bolinger Bands chart for Ashok Leyland Limited


Parabolic SAR: The PSAR continues to indicate a bullish outlook, setting a crucial support level. This strong support could bolster the ongoing upward trend, suggesting that the market may remain in a positive trajectory. Investors may view this as a sign of sustained bullish momentum.
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Parabolic Stop and Reverse chart for Ashok Leyland Limited


Stochastic: The current reading of the STOCHASTIC is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place.
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Stochastic chart for Ashok Leyland Limited


Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages for Ashok Leyland Limited currently indicates a bullish trend, but the declining momentum in the slopes of the 20 and 50 SMAs suggests that this trend may be weakening. The loss of steam in these short-term averages could be a signal that the market is approaching a potential reversal, with a bearish shift in price action possibly on the horizon.
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Tripple SMA chart for Ashok Leyland Limited


Before diving into the technical aspects of a company, such as stock price charts or volume trends, it's important to understand its fundamentals. These fundamentals include financial stability, growth potential, and strategic positioning. Additionally, knowing the broader industry landscape, including competitive pressures and regulatory factors, offers deeper insights. When this fundamental analysis is combined with technical indicators, it leads to more informed, accurate evaluations of the company's overall performance.