Overall Technical outlook

Price Summary

On 2025-06-12, Ashok Leyland Limited's stock began at 240.0, peaked at 240.27, bottomed at 234.89, and closed -1.99% lower at 235.23, with a volume of 3564270 shares.
For the 52-week period, the stock's highest price is 262.15, and the lowest price is 196.11.
The future price of ASHOKLEY is projected to range from 200.0 to 315.0, with an average expected price of 266.58334, according to 36 analysts.

Technicals

Support and Resistance: The price sits at 235.23, supported by 230.84 and resisted by 241.92. This indicates a trading range where 230.84 provides a floor, preventing declines, and 241.92 acts as a ceiling, limiting further price increases for ASHOKLEY.
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Support/Resistance for ASHOKLEY


Aroon: The current reading of the AROON 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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Aroon chart for Ashok Leyland Limited


Bol. Bands: The current state of the BOLL BANDS is neutral for ASHOKLEY, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements.
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Bolinger Bands chart for Ashok Leyland Limited


Parabolic SAR: The PSAR remains bullish, reinforcing a significant support level. This steady support suggests that the market's upward trend may continue, providing a solid foundation for potential gains for ASHOKLEY. Investors might see this as an opportunity to capitalize on the ongoing bullish sentiment.
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Parabolic Stop and Reverse chart for Ashok Leyland Limited


Stochastic: The current state of the STOCHASTIC is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction.
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Stochastic chart for Ashok Leyland Limited


Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned bearishly, signaling a downtrend. However, the slopes of the 20 and 50 SMAs are starting to waver, indicating that this bearish momentum might be losing strength. 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.
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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.