BUY ASHOK LEYLANDBUY ASHOK LEYLAND for target price 253, as it broke the trendline and made double bottom and will break this flag structure to continue till 253.
Next report date
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EPS estimate
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Revenue estimate
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8.95 INR
24.84 B INR
457.46 B INR
1.76 B
About ASHOK LEYLAND LTD
Sector
CEO
Shenu Agarwal
Website
Headquarters
Chennai
Founded
1948
ISIN
INE208A01029
FIGI
BBG000CNJL62
Ashok Leyland Ltd. engages in the manufacture and sale of commercial, defense vehicles, and power solutions. The company was founded by Raghunandan Saran on September 7, 1948 and is headquartered in Chennai, India.
Ashokley Seems BullishAshokley Seems Bullish
Trigger point - Cup & Handle Break
Booster - Parallel Channel
- Trend Line Support
Entry level : 229-233
Support Level : 219
Resistance : 255
- This is no recommendation - only my personal analysis.
ASHOKLEY - To hit 290 in the coming weeks?Ashok Leyland - CMP 222
The stock looks ready for a good upmove provided the recent swing low of 200 holds
Wave counts and technical Patterns (Rounding Bottom breakout) everything points the target towards 290 for the short-medium term
Refer to the chart for counts on various Degree/TF and Techni
Ashokley - Dont be deceived by inv H&S - Pullback is dueCMP: 231.79
TF: 90 minutes
First and foremost, my primary view is BULLISH on this counter (positional/investment) for a detailed view on the larger TF, read my analysis at
Key Highlights/Positives:
- Price successfully broke the swing high at 230.45 and negated the LH-LL structure.
So,
correction still not overAshok Leyland CMP 233
Fib- the stock made lows at 38.2% with RSI halting above the bull zone. This is very very positive.
Elliott- the current rally is corrective in nature and hence this rally is not to be trusted.
On this correction we will judge its strength and then take a call.
ASHOK LEYLANDASHOK LEYLAND as per chart showing downtrend ,but if it moves above 242.69 and starts trading then only it will move up,
but as per study it shows it is in downtrend and may be anytime selling will start and stock will fall much more low than 202, so lets wait ,watch and enjoy the move
Ashokley Long Inverted HnSGo long in Ashokley. We can see an inverted Head and Shoulders on the daily chart.
Entry- 222-224
Targets- 234 238
SL- 216 Hourly Closing Basis
#Swing
*Disclaimer- Stock Market is a risky. Please take advice from your own financial advisor. This is just for educational purposes.
ASHOKLEYLAND H&S BREAKOUTAshokleyland breaking h&s reversal pattern
with huge volume building up
bullish rsi,trading above 20ema
#target 263 soon
sl 215
NO BUY/SELL RECOMENDATION
Ashok Leyland- seems, ready for next moveBullish candle on weekly has formed , expected to make it all time high. We can consider the Stop loss as low of this candle. Let's see how it goes.
Ashok Leyland: Bullish Reversal with Strong Upside PotentialAshok Leyland is showing strength near its major support range of 212-220, and the daily chart suggests potential upside targets at 243.27 and 258.10. These targets could be achieved within the week, supported by several technical indicators pointing towards a bullish reversal.
Long-term RSI levels
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Frequently Asked Questions
The current price of ASHOKLEY is 232.00 INR — it has increased by 0.94% in the past 24 hours. Watch ASHOK LEYLAND LTD. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on BSE exchange ASHOK LEYLAND LTD. stocks are traded under the ticker ASHOKLEY.
ASHOKLEY stock has fallen by −0.22% compared to the previous week, the month change is a 6.54% rise, over the last year ASHOK LEYLAND LTD. has showed a 33.10% increase.
We've gathered analysts' opinions on ASHOK LEYLAND LTD. future price: according to them, ASHOKLEY price has a max estimate of 325.00 INR and a min estimate of 160.00 INR. Watch ASHOKLEY chart and read a more detailed ASHOK LEYLAND LTD. stock forecast: see what analysts think of ASHOK LEYLAND LTD. and suggest that you do with its stocks.
ASHOKLEY reached its all-time high on Aug 27, 2024 with the price of 264.70 INR, and its all-time low was 1.00 INR and was reached on Oct 13, 1998. View more price dynamics on ASHOKLEY chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
ASHOKLEY stock is 3.19% volatile and has beta coefficient of 0.88. Track ASHOK LEYLAND LTD. stock price on the chart and check out the list of the most volatile stocks — is ASHOK LEYLAND LTD. there?
Today ASHOK LEYLAND LTD. has the market capitalization of 681.27 B, it has decreased by −3.36% over the last week.
Yes, you can track ASHOK LEYLAND LTD. financials in yearly and quarterly reports right on TradingView.
ASHOK LEYLAND LTD. is going to release the next earnings report on Feb 6, 2025. Keep track of upcoming events with our Earnings Calendar.
ASHOKLEY earnings for the last quarter are 2.62 INR per share, whereas the estimation was 1.97 INR resulting in a 33.33% surprise. The estimated earnings for the next quarter are 2.60 INR per share. See more details about ASHOK LEYLAND LTD. earnings.
ASHOK LEYLAND LTD. revenue for the last quarter amounts to 88.66 B INR, despite the estimated figure of 88.23 B INR. In the next quarter, revenue is expected to reach 93.28 B INR.
ASHOKLEY net income for the last quarter is 7.06 B INR, while the quarter before that showed 5.09 B INR of net income which accounts for 38.59% change. Track more ASHOK LEYLAND LTD. financial stats to get the full picture.
ASHOK LEYLAND LTD. dividend yield was 4.06% in 2023, and payout ratio reached 82.17%. The year before the numbers were 1.87% and 61.62% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Dec 14, 2024, the company has 31.77 K employees. See our rating of the largest employees — is ASHOK LEYLAND LTD. on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. ASHOK LEYLAND LTD. EBITDA is 84.72 B INR, and current EBITDA margin is 17.27%. See more stats in ASHOK LEYLAND LTD. financial statements.
Like other stocks, ASHOKLEY shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade ASHOK LEYLAND LTD. stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So ASHOK LEYLAND LTD. technincal analysis shows the buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating ASHOK LEYLAND LTD. stock shows the strong buy signal. See more of ASHOK LEYLAND LTD. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.