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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 2024-10-03 View latest technical analysis

10 day averaged volume of Indraprastha Gas is 2237114

Date	Daily Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	554.30	543.00	560.80	543.00	1.187 times
01 Tue Oct 2024	558.40	561.50	569.55	554.05	1.674 times
30 Mon Sep 2024	558.55	549.00	560.35	544.30	0.721 times
27 Fri Sep 2024	549.50	548.95	556.00	547.50	0.683 times
26 Thu Sep 2024	548.90	549.30	550.85	539.60	0.746 times
25 Wed Sep 2024	549.55	549.35	558.50	546.15	0.919 times
24 Tue Sep 2024	550.15	550.50	553.50	547.00	1.02 times
23 Mon Sep 2024	546.95	538.55	548.15	534.00	0.52 times
20 Fri Sep 2024	538.90	541.00	543.05	530.35	1.276 times
19 Thu Sep 2024	542.60	539.00	547.35	533.50	1.033 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 553.9, but if it comes below 553.9, then a intra day sell could be more profitable.
If you take a sell trade below 553.9, then use 553.9 as stoploss and 542.56 as target. However if you take a buy trade in stock , then use 553.9 as stoploss and 567.6 as target.

Share price targets for Indraprastha Gas (IGL)

Target Type	Value
Downside Target	423.00
Downside Target	502.85
Downside Target	534.00
Upside Target	558.50
Upside Target	559.40
Upside Target	560.75
Upside Target	562.75
Upside Target	569.55
Upside Target	570.35

Intraday share price targets for Indraprastha Gas (IGL)

Target Type	Value
Downside Intraday Target	541.68
Downside Intraday Target	529.07
Upside Intraday Target	568.23
Upside Intraday Target	582.17
Upside Intraday Target	555.62

Weekly technical analysis of Indraprastha Gas (IGL)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	554.30	549.00	569.55	543.00	0.921 times
27 Fri Sep 2024	549.50	538.55	558.50	534.00	0.311 times
20 Fri Sep 2024	538.90	518.00	562.75	517.15	5.849 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

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
03 Thu Oct 2024	554.30	561.50	569.55	543.00	0.112 times
30 Mon Sep 2024	558.55	554.10	570.35	516.05	1.917 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

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 neutral. A longer time frame might give a better analysis.

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 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 neutral. A longer time frame might give a better analysis.

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 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 550.05 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.