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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 2024-09-16 View latest technical analysis

10 day averaged volume of Indraprastha Gas is 1898871

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	529.85	518.00	531.25	517.15	1.599 times
13 Fri Sep 2024	517.15	523.90	525.25	516.05	0.47 times
12 Thu Sep 2024	524.80	530.00	532.40	521.50	0.342 times
11 Wed Sep 2024	527.85	541.00	541.40	524.65	0.628 times
10 Tue Sep 2024	539.65	534.50	541.20	533.20	0.379 times
09 Mon Sep 2024	532.05	538.55	545.00	526.20	0.699 times
06 Fri Sep 2024	542.35	556.60	561.80	535.55	1.103 times
05 Thu Sep 2024	556.00	552.25	562.50	550.00	1.454 times
04 Wed Sep 2024	549.00	553.55	557.90	542.90	0.771 times
03 Tue Sep 2024	555.45	547.50	556.45	544.95	1.602 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 527.7 as stoploss in an intra day buy trade for a target of 538.95. However, stock will show a bearish move below 527.7.

Share price targets for Indraprastha Gas (IGL)

Target Type	Value
Downside Target	423.00
Downside Target	477.00
Downside Target	502.85
Upside Target	535.55
Upside Target	545.00
Upside Target	555.00
Upside Target	559.40
Upside Target	560.75
Upside Target	570.35

Intraday share price targets for Indraprastha Gas (IGL)

Target Type	Value
Downside Intraday Target	520.92
Downside Intraday Target	511.98
Upside Intraday Target	535.02
Upside Intraday Target	540.18
Downside Intraday Target	526.08

Weekly technical analysis of Indraprastha Gas (IGL)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	529.85	518.00	531.25	517.15	0.635 times
13 Fri Sep 2024	517.15	538.55	545.00	516.05	0.337 times
06 Fri Sep 2024	542.35	554.10	570.35	535.55	1.51 times
30 Fri Aug 2024	552.80	528.00	560.75	519.95	1.55 times
23 Fri Aug 2024	524.05	545.00	555.00	522.75	1.64 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
16 Mon Sep 2024	529.85	554.10	570.35	516.05	0.737 times
30 Fri Aug 2024	552.80	551.35	560.75	513.30	0.531 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

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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Indraprastha Gas in short term but the sell signal is initial and weak.

Indraprastha Gas Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Indraprastha Gas in short term but BUY 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 541.33 and Indraprastha Gas (IGL) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.

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