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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 2024-03-05 View latest technical analysis

10 day averaged volume of Indraprastha Gas is 1521186

Date	Daily Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	458.55	450.00	460.00	447.25	2.396 times
04 Mon Mar 2024	446.60	437.40	455.30	436.20	1.686 times
02 Sat Mar 2024	435.05	435.00	437.60	432.05	0.062 times
01 Fri Mar 2024	433.75	427.70	435.00	425.35	0.792 times
29 Thu Feb 2024	426.00	417.90	428.85	412.10	1.17 times
28 Wed Feb 2024	415.85	422.00	426.35	414.20	0.786 times
27 Tue Feb 2024	422.10	430.65	432.90	420.20	0.707 times
26 Mon Feb 2024	430.85	437.00	438.65	430.00	1.999 times
23 Fri Feb 2024	437.80	444.20	444.65	436.35	0.798 times
22 Thu Feb 2024	441.30	438.50	443.45	433.65	0.798 times

Stock of Indraprastha Gas (IGL) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 456.2, for a target of 445.4 or 436.43

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
Downside Target	438.65
Downside Target	444.65
Downside Target	449.85
Downside Target	451.90
Upside Target	459.00
Upside Target	460.00

Intraday share price targets for Indraprastha Gas (IGL)

Target Type	Value
Downside Intraday Target	443.17
Downside Intraday Target	427.78
Upside Intraday Target	466.97
Upside Intraday Target	475.38
Downside Intraday Target	451.58

Weekly technical analysis of Indraprastha Gas (IGL)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	458.55	437.40	460.00	436.20	0.74 times
02 Sat Mar 2024	435.05	437.00	438.65	412.10	1.327 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

Price has moved up 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
05 Tue Mar 2024	458.55	427.70	460.00	425.35	0.202 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
29 Fri Dec 2023	418.35	391.00	420.90	389.50	1.022 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 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 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 Strong and stock is gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Indraprastha Gas Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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

CCI has generated a buy signal for Indraprastha Gas in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 438.51 and Indraprastha Gas (IGL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.