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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 2024-04-04 View latest technical analysis

10 day averaged volume of Indraprastha Gas is 1970381

Date	Daily Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	437.10	441.55	445.00	434.50	1.188 times
03 Wed Apr 2024	441.35	443.65	447.90	436.35	0.827 times
02 Tue Apr 2024	443.65	440.35	447.95	440.35	1.044 times
01 Mon Apr 2024	440.35	430.90	443.35	430.90	1.192 times
28 Thu Mar 2024	430.80	429.75	432.95	425.35	1.489 times
27 Wed Mar 2024	425.45	422.60	428.35	419.40	1.118 times
26 Tue Mar 2024	418.55	412.10	420.40	410.00	0.664 times
22 Fri Mar 2024	412.75	413.00	416.45	407.25	0.92 times
21 Thu Mar 2024	412.75	405.50	413.75	402.10	1.196 times
20 Wed Mar 2024	403.25	406.00	406.00	397.15	0.727 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 438.7 as stoploss in an intra day sell trade for a target of 424.09. However, stock will show a bullish move above 438.7.

Share price targets for Indraprastha Gas (IGL)

Target Type	Value
Downside Target	389.50
Downside Target	430.90
Downside Target	432.95
Upside Target	437.95
Upside Target	447.95
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	429.35
Downside Intraday Target	421.6
Upside Intraday Target	446.4
Upside Intraday Target	455.7
Upside Intraday Target	438.65

Weekly technical analysis of Indraprastha Gas (IGL)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	437.10	430.90	447.95	430.90	1.299 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
04 Thu Apr 2024	437.10	430.90	447.95	430.90	0.176 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Indraprastha Gas stock for short term is BUY. Signal strength is Weak and stock is losing 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Indraprastha Gas in short term but SELL 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 427.78 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.