A comprehensive analysis of the OECD's warning regarding the systemic risks posed...
Technicals for Ashok Leyland Limited
By MusingTheNews
2025-07-16 20:23
Overall Technical outlook
Price Summary
On 2025-07-15, ASHOKLEY's stock opened at 253.85, reached a peak of 254.4, dropped to 248.65, and ended -1.16% down at 250.9, with a volume of 5978518 shares. Over the past year, the stock's highest price was 262.15, and its lowest was 196.11. The price outlook for ASHOKLEY is between 200.0 and 315.0, with an average expectation of 266.94443, as estimated by 36 analysts.
Technicals
Support and Resistance: The price for ASHOKLEY is 250.9, with support at 241.92 and resistance at 251.6. This suggests a range where 241.92 acts as a base, preventing declines, and 251.6 caps gains, defining key trading levels. Support/Resistance for ASHOKLEY
Aroon: The Aroon indicator continues to show a bullish trend, with Aroon Up remaining at the 100 level. This suggests strong upward momentum, but the trend should be examined further using other indicators to confirm its strength and potential for continuation for ASHOKLEY. Aroon chart for Ashok Leyland Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Bolinger Bands chart for Ashok Leyland Limited
Parabolic SAR: The PSAR maintains a bullish outlook, reinforcing a support level that could help uphold the market's upward trend. This suggests that the market is likely to continue climbing, with the support providing a solid base for further gains. Parabolic Stop and Reverse chart for Ashok Leyland Limited
Stochastic: The STOCHASTIC is showing a neutral stance, not indicating a clear upward or downward trend for Ashok Leyland Limited. This suggests a period of market balance, where neither side is showing dominance. Stochastic chart for Ashok Leyland Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are currently aligned bearishly, signaling a downtrend. However, the slopes of the 20 and 50 SMAs are beginning to waver, indicating that this bearish momentum might be fading. This could suggest an upcoming shift towards bullish price action, as the market's current downward trend may be approaching a reversal, potentially leading to a new upward move. Tripple SMA chart for Ashok Leyland Limited
Before focusing on a company's technical data, such as stock price movements, it's essential to analyze its fundamentals. These include factors like profitability, cash flow, and debt management. Additionally, considering the broader industry landscape—including market trends, competition, and regulatory changes—offers deeper insights. This comprehensive approach allows for a more meaningful interpretation of the company's technical indicators, providing a clearer picture of its financial health and future prospects.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
An in-depth examination of the factors contributing to the U.S. dollar's multi-year...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.