Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-03-07 View latest technical analysis

10 day averaged volume of Indraprastha Gas is 2588713

Date	Daily Closing Price	Open	High	Low	Volume
07 Thu Mar 2024	430.10	420.00	432.85	411.20	1.555 times
06 Wed Mar 2024	430.10	458.40	458.40	424.30	3.892 times
05 Tue Mar 2024	458.55	450.00	460.00	447.25	1.408 times
04 Mon Mar 2024	446.60	437.40	455.30	436.20	0.991 times
02 Sat Mar 2024	435.05	435.00	437.60	432.05	0.036 times
01 Fri Mar 2024	433.75	427.70	435.00	425.35	0.466 times
29 Thu Feb 2024	426.00	417.90	428.85	412.10	0.687 times
28 Wed Feb 2024	415.85	422.00	426.35	414.20	0.462 times
27 Tue Feb 2024	422.10	430.65	432.90	420.20	0.415 times
26 Mon Feb 2024	430.85	437.00	438.65	430.00	1.174 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 426.4 as stoploss in an intra day buy trade for a target of 435.45. However, stock will show a bearish move below 426.4.

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	449.85
Upside 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	407.53
Downside Intraday Target	384.97
Upside Intraday Target	456.33
Upside Intraday Target	482.57
Upside Intraday Target	433.77

Weekly technical analysis of Indraprastha Gas (IGL)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Thu Mar 2024	430.10	437.40	460.00	411.20	2.421 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 down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Indraprastha Gas (IGL)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Thu Mar 2024	430.10	427.70	460.00	411.20	0.582 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Indraprastha Gas ( (IGL) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 gaining momentum.

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

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. Bulls are getting tired and bears are picking up momentum.

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 but selling is losing 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 434.29 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.