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(IGL) Indraprastha Gas complete technical analysis [charts+indicators] | Buy/Sell Indraprastha Gas | (IGL) share price targets

Complete technical analysis of Indraprastha Gas (IGL) by charts plus indicators, forecast predictions and share price targets for Indraprastha Gas (IGL)

Indraprastha Gas trades in NSE in Utilities:Non-Elec. sector.

10 day averaged volume of Indraprastha Gas is 4505292

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	437.30	467.00	470.35	435.35	1.125 times
16 Tue Apr 2024	462.70	470.50	474.20	461.50	0.548 times
15 Mon Apr 2024	470.35	455.00	489.00	455.00	2.435 times
12 Fri Apr 2024	463.10	476.00	476.00	461.90	0.566 times
10 Wed Apr 2024	477.05	475.75	482.70	474.75	0.733 times
09 Tue Apr 2024	475.80	476.45	479.00	469.15	0.355 times
08 Mon Apr 2024	475.35	461.90	482.00	458.10	1.422 times
05 Fri Apr 2024	460.10	437.20	469.00	436.05	2.603 times
04 Thu Apr 2024	437.10	441.55	445.00	434.50	0.52 times
03 Wed Apr 2024	441.35	443.65	447.90	436.35	0.362 times

My analysis of stock is bearish for shortterm, and stock might move down till 415.7 or till 386.4. Use a stoploss of 440.19 and if the stock hits stoploss, then it can shoot up till 464.64

Share price targets for Indraprastha Gas (IGL)

Target Type	Value
Downside Target	389.50
Downside Target	430.90
Downside Target	435.35
Upside Target	449.85
Upside Target	458.10
Upside Target	459.00
Upside Target	460.00
Upside Target	469.00
Upside Target	482.70
Upside Target	489.00

Intraday share price targets for Indraprastha Gas (IGL)

Target Type	Value
Downside Intraday Target	418.77
Downside Intraday Target	400.23
Upside Intraday Target	472.42
Upside Intraday Target	507.53
Upside Intraday Target	453.88

Weekly technical analysis of Indraprastha Gas (IGL)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	437.30	455.00	489.00	435.35	1.335 times
12 Fri Apr 2024	463.10	461.90	482.70	458.10	0.689 times
05 Fri Apr 2024	460.10	430.90	469.00	430.90	3.118 times
28 Thu Mar 2024	430.80	412.10	432.95	410.00	0.765 times
22 Fri Mar 2024	412.75	411.00	416.45	397.15	0.763 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Indraprastha Gas (IGL)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	437.30	430.90	489.00	430.90	1.104 times
28 Thu Mar 2024	430.80	427.70	460.00	397.15	1.279 times
29 Thu Feb 2024	426.00	433.00	459.00	412.10	0.612 times
31 Wed Jan 2024	430.40	420.40	449.85	403.25	1.23 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Indraprastha Gas (IGL)

Price action analysis of Indraprastha Gas ( (IGL) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Indraprastha Gas ( (IGL) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Indraprastha Gas ( (IGL) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Indraprastha Gas ( (IGL) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Indraprastha Gas stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Indraprastha Gas in short term and the buy signal is strong.

Indraprastha Gas Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Indraprastha Gas in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Indraprastha Gas is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 462.29 and Indraprastha Gas (IGL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Indraprastha Gas (IGL) stock. Volume based technical analysis of Indraprastha Gas (IGL) stock is negative.

Indraprastha Gas Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.