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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 2024-10-09 View latest technical analysis

10 day averaged volume of Indraprastha Gas is 2226373

Date	Daily Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	532.50	538.30	543.70	529.90	0.948 times
08 Tue Oct 2024	532.95	537.50	549.20	530.80	0.904 times
07 Mon Oct 2024	542.15	553.00	553.05	533.35	1.315 times
04 Fri Oct 2024	549.35	554.30	555.80	544.45	0.798 times
03 Thu Oct 2024	554.30	543.00	560.80	543.00	1.193 times
01 Tue Oct 2024	558.40	561.50	569.55	554.05	1.682 times
30 Mon Sep 2024	558.55	549.00	560.35	544.30	0.724 times
27 Fri Sep 2024	549.50	548.95	556.00	547.50	0.686 times
26 Thu Sep 2024	548.90	549.30	550.85	539.60	0.75 times
25 Wed Sep 2024	549.55	549.35	558.50	546.15	0.923 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 530.7 as stoploss in an intra day buy trade for a target of 541.9. However, stock will show a bearish move below 530.7.

Share price targets for Indraprastha Gas (IGL)

Target Type	Value
Downside Target	423.00
Downside Target	502.85
Downside Target	529.90
Upside Target	553.05
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	523.92
Downside Intraday Target	515.33
Upside Intraday Target	547.07
Upside Intraday Target	561.63
Upside Intraday Target	538.48

Weekly technical analysis of Indraprastha Gas (IGL)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	532.50	553.00	553.05	529.90	0.72 times
04 Fri Oct 2024	549.35	549.00	569.55	543.00	1.125 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

Price has moved down 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
09 Wed Oct 2024	532.50	561.50	569.55	529.90	0.266 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 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 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 mid to longer 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.

ADX buy sell signal for Indraprastha Gas stock for short term is SELL. 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.

Indraprastha Gas Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Indraprastha Gas in short term and SELL 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

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 548.09 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.