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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 2024-08-07 View latest technical analysis

10 day averaged volume of Indraprastha Gas is 2028889

Date	Daily Closing Price	Open	High	Low	Volume
07 Wed Aug 2024	547.75	543.00	548.85	538.05	0.514 times
06 Tue Aug 2024	535.60	530.00	549.00	528.80	1.375 times
05 Mon Aug 2024	528.20	520.00	532.20	513.30	1.463 times
02 Fri Aug 2024	538.10	531.00	543.10	531.00	0.281 times
01 Thu Aug 2024	541.65	551.35	553.55	539.60	0.311 times
31 Wed Jul 2024	548.00	555.00	559.40	547.15	0.57 times
30 Tue Jul 2024	553.45	542.00	556.35	542.00	1.378 times
29 Mon Jul 2024	544.15	545.00	555.00	541.30	0.887 times
26 Fri Jul 2024	540.50	539.45	542.85	530.60	1.15 times
25 Thu Jul 2024	535.00	545.00	547.20	530.00	1.209 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 545.8, but if it comes below 545.8, then a intra day sell could be more profitable.
If you take a sell trade below 545.8, then use 545.8 as stoploss and 538.02 as target. However if you take a buy trade in stock , then use 545.8 as stoploss and 555.2 as target.

Share price targets for Indraprastha Gas (IGL)

Target Type	Value
Downside Target	423.00
Downside Target	477.00
Downside Target	489.00
Downside Target	502.85
Downside Target	531.00
Downside Target	540.45
Upside Target	549.00
Upside Target	550.90
Upside Target	553.40
Upside Target	553.55
Upside Target	559.40

Intraday share price targets for Indraprastha Gas (IGL)

Target Type	Value
Downside Intraday Target	524.37
Downside Intraday Target	500.98
Upside Intraday Target	560.07
Upside Intraday Target	572.38
Downside Intraday Target	536.68

Weekly technical analysis of Indraprastha Gas (IGL)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Wed Aug 2024	547.75	520.00	549.00	513.30	0.978 times
02 Fri Aug 2024	538.10	545.00	559.40	531.00	0.593 times
26 Fri Jul 2024	540.50	527.95	553.40	516.30	1.103 times
19 Fri Jul 2024	528.85	527.00	550.90	521.60	0.972 times
12 Fri Jul 2024	525.50	525.95	540.45	516.85	0.636 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
07 Wed Aug 2024	547.75	551.35	553.55	513.30	0.142 times
31 Wed Jul 2024	548.00	506.70	559.40	502.85	0.732 times
28 Fri Jun 2024	503.70	465.00	509.70	423.00	0.68 times
31 Fri May 2024	441.95	471.50	477.00	428.70	1.494 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 Weak and stock is gaining momentum.

MACD generated a SELL signal for Indraprastha Gas in short term but the sell 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

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 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 540.21 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 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 positive

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