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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 2024-04-05 View latest technical analysis

10 day averaged volume of Indraprastha Gas is 2042385

Date	Daily Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	460.10	437.20	469.00	436.05	5.743 times
04 Thu Apr 2024	437.10	441.55	445.00	434.50	1.146 times
03 Wed Apr 2024	441.35	443.65	447.90	436.35	0.798 times
02 Tue Apr 2024	443.65	440.35	447.95	440.35	1.007 times
01 Mon Apr 2024	440.35	430.90	443.35	430.90	1.15 times
28 Thu Mar 2024	430.80	429.75	432.95	425.35	1.436 times
27 Wed Mar 2024	425.45	422.60	428.35	419.40	1.079 times
26 Tue Mar 2024	418.55	412.10	420.40	410.00	0.641 times
22 Fri Mar 2024	412.75	413.00	416.45	407.25	0.888 times
21 Thu Mar 2024	412.75	405.50	413.75	402.10	1.154 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 456.7, for a target of 438.9 or 424.17

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
Downside Target	449.85
Downside Target	459.00
Downside Target	460.00
Upside Target	469.00

Intraday share price targets for Indraprastha Gas (IGL)

Target Type	Value
Downside Intraday Target	437.67
Downside Intraday Target	415.23
Upside Intraday Target	475.77
Upside Intraday Target	491.43
Downside Intraday Target	453.33

Weekly technical analysis of Indraprastha Gas (IGL)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	460.10	430.90	469.00	430.90	3.118 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, 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
05 Fri Apr 2024	460.10	430.90	469.00	430.90	0.423 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 tired and bears are picking up momentum.

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

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 441.26 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.