Ashok Leyland Technical Analysis

Ashok Leyland Ltd Technical Analysis

Ashok Leyland Ltd technical analysis is gaining attention among traders and investors tracking Ashok Leyland Ltd Technical Analysis trends in the Indian stock market. Ashok Leyland Ltd (NSE: ASHOKLEY, BSE: 500477) is currently trading at ₹166.18, showing a 5.12% move as of Sun, Aug 09, 2026.

This detailed Ashok Leyland Ltd technical analysis covers support & resistance levels, moving averages, indicators, and overall market sentiment to help investors make informed decisions.

Ashok Leyland Ltd Stock Overview

Ashok Leyland Ltd operates in the Producer manufacturing sector under the Trucks/Construction/Farm machinery industry. With a market capitalization of ₹97564.73Cr and a PE ratio of 28.11, Ashok Leyland Ltd remains a key stock to watch in Ashok Leyland Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹97564.73Cr
• PE Ratio: 28.11
• Dividend Yield: 2.11
• Sector: Producer manufacturing
• Industry: Trucks/Construction/Farm machinery

These fundamentals play an important role in Ashok Leyland Ltd technical analysis and valuation tracking.

Ashok Leyland Ltd Support and Resistance Levels

Classic Pivot Levels

In Ashok Leyland Ltd technical analysis, pivot levels help identify potential reversal and breakout zones.

• Resistance 3: 200.36
• Resistance 2: 180.40
• Resistance 1: 173.29
• Pivot Point: 160.44
• Support 1: 153.33
• Support 2: 140.48
• Support 3: 120.52

Conditional Insight

Ashok Leyland Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 153.33 and 140.48.

Fibonacci Levels Analysis

Fibonacci levels are widely used in Ashok Leyland Ltd technical analysis to identify retracement zones.

• Fibonacci R3: 180.40
• Fibonacci R2: 172.78
• Fibonacci R1: 168.06
• Fibonacci Pivot: 160.44
• Fibonacci S1: 152.82
• Fibonacci S2: 148.10
• Fibonacci S3: 140.48

Ashok Leyland Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.

Ashok Leyland Ltd Moving Average Analysis

Moving averages are key indicators in Ashok Leyland Ltd technical analysis for identifying trend direction.

• 10 EMA: 169.41
• 20 EMA: 164.43
• 30 EMA: 162.26
• 50 EMA: 161.13
• 100 EMA: 162.57
• 200 EMA: 159.91

Trend Logic

Ashok Leyland Ltd technical analysis indicates bearish pressure, with price trading below key moving averages.

Long-term trend in Ashok Leyland Ltd technical analysis remains positive above 200 EMA.

Ashok Leyland Ltd Technical Indicators Overview

Momentum Indicators

• RSI: 71.78
• MACD: 5.06
• Signal: 2.55
• ADX: 22.54
• Momentum: 26.43

RSI Logic

Ashok Leyland Ltd technical analysis shows RSI in neutral range, suggesting consolidation.

MACD Logic

Ashok Leyland Ltd technical analysis indicates bearish momentum with MACD below signal line.

Ashok Leyland Ltd Overall Recommendation

• Overall Recommendation Score: 0.45
• Moving Average Recommendation: 0.80
• Other Indicators Recommendation: 0.09

Overall Ashok Leyland Ltd technical analysis sentiment remains neutral with mixed signals.

Ashok Leyland Ltd Technical Analysis Conclusion

Ashok Leyland Ltd technical analysis suggests that traders should closely monitor price action around ₹166.18 and key pivot level 160.44. Breakouts above resistance or breakdown below support will define the next trend in Ashok Leyland Ltd technical analysis.

Investors searching for Ashok Leyland Ltd Technical Analysis should track moving averages, RSI levels, and volume trends to identify potential entry and exit opportunities. As market conditions change, Ashok Leyland Ltd technical analysis will continue to play a crucial role in short-term trading and long-term investment strategies.