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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 2024-04-01 View latest technical analysis

10 day averaged volume of Indraprastha Gas is 1860485

Date	Daily Closing Price	Open	High	Low	Volume
01 Mon Apr 2024	440.35	430.90	443.35	430.90	1.262 times
28 Thu Mar 2024	430.80	429.75	432.95	425.35	1.577 times
27 Wed Mar 2024	425.45	422.60	428.35	419.40	1.184 times
26 Tue Mar 2024	418.55	412.10	420.40	410.00	0.704 times
22 Fri Mar 2024	412.75	413.00	416.45	407.25	0.974 times
21 Thu Mar 2024	412.75	405.50	413.75	402.10	1.267 times
20 Wed Mar 2024	403.25	406.00	406.00	397.15	0.77 times
19 Tue Mar 2024	406.10	410.00	410.05	400.55	0.871 times
18 Mon Mar 2024	409.95	411.00	413.80	405.60	0.645 times
15 Fri Mar 2024	412.55	410.90	414.00	404.00	1.114 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 438.1, but if it comes below 438.1, then a intra day sell could be more profitable.
If you take a sell trade below 438.1, then use 438.1 as stoploss and 423.76 as target. However if you take a buy trade in stock , then use 438.1 as stoploss and 455.3 as target.

Share price targets for Indraprastha Gas (IGL)

Target Type	Value
Downside Target	389.50
Downside Target	430.90
Downside Target	432.95
Downside Target	437.95
Upside Target	443.35
Upside Target	449.85
Upside Target	459.00
Upside Target	460.00

Intraday share price targets for Indraprastha Gas (IGL)

Target Type	Value
Downside Intraday Target	433.05
Downside Intraday Target	425.75
Upside Intraday Target	445.5
Upside Intraday Target	450.65
Downside Intraday Target	438.2

Weekly technical analysis of Indraprastha Gas (IGL)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Mon Apr 2024	440.35	430.90	443.35	430.90	0.364 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
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

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
01 Mon Apr 2024	440.35	430.90	443.35	430.90	0.049 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Indraprastha Gas ( (IGL) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

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 but the buy signal is initial and weak.

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 red color and prices are in or above the red 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 SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 419.24 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 negative.

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