Overall Technical outlook

Price Summary

Ashok Leyland Limited's stock started the year at 240.73, climbed to a high of 240.77, fell to 235.1, and closed -1.95% down at 236.03, with 10227472 shares traded on 2025-05-30.
Over the past 52 weeks, the stock reached a maximum price of 262.15 and a minimum price of 196.11.
Analysts predict that the future price will fluctuate between 200.0 and 315.0, with the mean expected price being approximately 265.02704.

Technicals

Support and Resistance: The price of 236.03 is supported at 229.82 and faces resistance at 236.08. This range suggests key levels for ASHOKLEY where the price may stabilize, with 229.82 acting as a support and 236.08 as a cap on gains.
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Support/Resistance for ASHOKLEY


Aroon: The AROON is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market.
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Aroon chart for Ashok Leyland Limited


Bol. Bands: The BOLL BANDS 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.
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Bolinger Bands chart for Ashok Leyland Limited


Parabolic SAR: The PSAR maintains its bearish outlook, setting a resistance level that could act as a ceiling for upward momentum. This ongoing bearish trend suggests that the market may struggle to overcome this resistance, keeping prices subdued.
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Parabolic Stop and Reverse chart for Ashok Leyland Limited


Stochastic: The STOCHASTIC is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments.
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Stochastic chart for Ashok Leyland Limited


Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages suggests a bearish trend, but the wavering slopes of the 20 and 50 SMAs hint at a potential shift. This weakening momentum could indicate that the bearish trend for ASHOKLEY is losing steam, possibly leading to a bullish reversal in the near future. Investors should watch for signs of a market turnaround as the current downtrend shows signs of faltering.
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Tripple SMA chart for Ashok Leyland Limited


When assessing a company's technical performance, such as stock price fluctuations and trading volume, it is crucial to first examine its fundamentals. These fundamentals include financial health, profitability, and growth potential. Additionally, understanding the industry's dynamics, including competitive pressures and market trends, is key to contextualizing the company's performance. By integrating these factors, a more comprehensive and meaningful analysis can be conducted, leading to more informed investment decisions.