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 2024-04-12 View latest technical analysis

10 day averaged volume of Indraprastha Gas is 3655146

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	463.10	476.00	476.00	461.90	0.698 times
10 Wed Apr 2024	477.05	475.75	482.70	474.75	0.904 times
09 Tue Apr 2024	475.80	476.45	479.00	469.15	0.438 times
08 Mon Apr 2024	475.35	461.90	482.00	458.10	1.753 times
05 Fri Apr 2024	460.10	437.20	469.00	436.05	3.209 times
04 Thu Apr 2024	437.10	441.55	445.00	434.50	0.64 times
03 Wed Apr 2024	441.35	443.65	447.90	436.35	0.446 times
02 Tue Apr 2024	443.65	440.35	447.95	440.35	0.563 times
01 Mon Apr 2024	440.35	430.90	443.35	430.90	0.642 times
28 Thu Mar 2024	430.80	429.75	432.95	425.35	0.803 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 458, but if it comes below 458, then a intra day sell could be more profitable.
If you take a sell trade below 458, then use 458 as stoploss and 433.22 as target. However if you take a buy trade in stock , then use 458 as stoploss and 487.7 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
Downside Target	449.85
Downside Target	458.10
Downside Target	459.00
Downside Target	460.00
Upside Target	469.00
Upside Target	482.70

Intraday share price targets for Indraprastha Gas (IGL)

Target Type	Value
Downside Intraday Target	453.23
Downside Intraday Target	443.37
Upside Intraday Target	477.83
Upside Intraday Target	492.57
Upside Intraday Target	467.97

Weekly technical analysis of Indraprastha Gas (IGL)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	463.10	461.90	482.70	458.10	0.689 times
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

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
12 Fri Apr 2024	463.10	430.90	482.70	430.90	0.715 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 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 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 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 BUY. Signal strength is Strong 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 and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 458.36 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.