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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.

Showing technical analysis as on 2024-02-29 View latest technical analysis

10 day averaged volume of Indraprastha Gas is 1488525

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	426.00	417.90	428.85	412.10	1.195 times
28 Wed Feb 2024	415.85	422.00	426.35	414.20	0.803 times
27 Tue Feb 2024	422.10	430.65	432.90	420.20	0.722 times
26 Mon Feb 2024	430.85	437.00	438.65	430.00	2.043 times
23 Fri Feb 2024	437.80	444.20	444.65	436.35	0.816 times
22 Thu Feb 2024	441.30	438.50	443.45	433.65	0.816 times
21 Wed Feb 2024	437.85	440.00	443.00	433.90	1.229 times
20 Tue Feb 2024	439.90	440.50	442.70	433.35	0.677 times
19 Mon Feb 2024	439.70	441.70	444.00	437.85	0.71 times
16 Fri Feb 2024	439.90	446.80	446.80	438.20	0.826 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 428.3, but if it comes above 428.3, then a intra day buy could be more profitable.
If you take a sell trade below 428.3, then use 428.3 as stoploss and 417.7 as target. However if you take a buy trade in stock , then use 428.3 as stoploss and 437.15 as target.

Share price targets for Indraprastha Gas (IGL)

Target Type	Value
Downside Target	375.70
Downside Target	389.50
Downside Target	403.25
Downside Target	420.90
Upside Target	438.65
Upside Target	444.65
Upside Target	447.50
Upside Target	449.85
Upside Target	451.90
Upside Target	459.00
Upside Target	492.00

Intraday share price targets for Indraprastha Gas (IGL)

Target Type	Value
Downside Intraday Target	412.52
Downside Intraday Target	399.03
Upside Intraday Target	439.07
Upside Intraday Target	452.13
Downside Intraday Target	425.58

Weekly technical analysis of Indraprastha Gas (IGL)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	426.00	437.00	438.65	412.10	1.121 times
23 Fri Feb 2024	437.80	441.70	444.65	433.35	0.916 times
16 Fri Feb 2024	439.90	440.95	451.90	422.40	0.604 times
09 Fri Feb 2024	439.95	449.00	459.00	426.40	0.776 times
02 Fri Feb 2024	445.15	409.90	447.50	404.40	1.031 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
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
29 Fri Dec 2023	418.35	391.00	420.90	389.50	1.022 times
30 Thu Nov 2023	389.10	385.50	404.70	375.70	0.749 times

Scroll below to view daily charts

Price has moved down 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 to mid 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 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 SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Indraprastha Gas in short term and the sell signal is strong.

Indraprastha Gas Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Indraprastha Gas in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 432.73 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 negative.

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