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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 2024-03-15 View latest technical analysis

10 day averaged volume of Indraprastha Gas is 3056818

Date	Daily Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	412.55	410.90	414.00	404.00	0.678 times
14 Thu Mar 2024	410.90	407.50	415.70	401.20	0.544 times
13 Wed Mar 2024	407.55	427.15	429.00	403.40	0.816 times
12 Tue Mar 2024	426.15	427.00	437.95	423.05	1.157 times
11 Mon Mar 2024	423.85	431.40	431.40	421.50	0.415 times
07 Thu Mar 2024	430.10	420.00	432.85	411.20	1.317 times
06 Wed Mar 2024	430.10	458.40	458.40	424.30	3.296 times
05 Tue Mar 2024	458.55	450.00	460.00	447.25	1.192 times
04 Mon Mar 2024	446.60	437.40	455.30	436.20	0.839 times
02 Sat Mar 2024	435.05	435.00	437.60	432.05	0.031 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 417.9, but if it comes above 417.9, then a intra day buy could be more profitable.
If you take a sell trade below 417.9, then use 417.9 as stoploss and 403 as target. However if you take a buy trade in stock , then use 417.9 as stoploss and 430.33 as target.

Share price targets for Indraprastha Gas (IGL)

Target Type	Value
Downside Target	375.70
Downside Target	389.50
Downside Target	401.20
Upside Target	420.90
Upside Target	433.35
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	396.52
Downside Intraday Target	380.48
Upside Intraday Target	433.27
Upside Intraday Target	453.98
Upside Intraday Target	417.23

Weekly technical analysis of Indraprastha Gas (IGL)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	412.55	431.40	437.95	401.20	0.543 times
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

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
15 Fri Mar 2024	412.55	427.70	460.00	401.20	0.878 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 and selling is picking up 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 430.1 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.