Overall Technical outlook

Price Summary

Ashok Leyland Limited's shares surged 2.44% today, reflecting a phenomenal day on the market.
On 2026-02-02, Ashok Leyland Limited's stock opened at 189.77, peaked at 195.0, hit a low of 185.52, and closed 2.44% higher at 194.4, with 14949424 shares changing hands.
For the 52-week period, the stock's highest price is 252.95, and the lowest price is 115.42.
35 analysts estimate that the future price of ASHOKLEY will fall between 125.0 and 225.0, with an average price expectation of approximately 180.07143.

Technicals


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.
ASHOKLEY aroon c67728
Aroon chart for Ashok Leyland Limited


Bol. Bands: The BOLL BANDS is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move.
ASHOKLEY bbands c67728
Bolinger Bands chart for Ashok Leyland Limited


Parabolic SAR: The PSAR for ASHOKLEY maintains a bullish outlook, establishing a crucial support level that may help maintain the current upward momentum. This strong support suggests that the market is poised to continue its upward trend, providing confidence in the ongoing bullish sentiment.
ASHOKLEY psar c67728
Parabolic Stop and Reverse chart for Ashok Leyland Limited


Stochastic: The stochastic indicator for ASHOKLEY reflects a bullish outlook, with the K-line positioned above the D-line and surpassing the 80 mark. This setup suggests strong upward momentum, implying that the market may continue to rise. Investors may interpret this as a positive signal for further gains.
ASHOKLEY stoch c67728
Stochastic chart for Ashok Leyland Limited


Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages points to a bearish trend for Ashok Leyland Limited, but the wavering slopes of the 20 and 50 SMAs indicate that this momentum may be weakening. This loss of strength could be a sign that the market is approaching a turning point, with the possibility of a bullish reversal on the horizon. Investors should watch for signs of a trend change as the current downtrend starts to fade.
ASHOKLEY trippleSMA c67728
Tripple SMA chart for Ashok Leyland Limited


A comprehensive approach to analyzing a company requires considering both its technical and fundamental aspects. The company's fundamentals, such as its earnings, growth prospects, and financial health, provide a strong foundation for understanding technical indicators. Additionally, examining the industry it operates in helps contextualize the company's position within the broader market. By integrating these factors, one can gain more valuable insights into the company's stock performance and potential investment opportunities.