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 2024-10-18 View latest technical analysis

10 day averaged volume of Indraprastha Gas is 2012651

Date	Daily Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	451.70	480.00	486.55	439.35	9.108 times
17 Thu Oct 2024	504.55	518.00	518.55	502.00	0.883 times
16 Wed Oct 2024	518.55	524.20	525.45	513.10	0.569 times
15 Tue Oct 2024	524.65	518.90	527.95	516.00	0.968 times
14 Mon Oct 2024	518.00	540.00	540.00	511.50	1.4 times
11 Fri Oct 2024	540.55	540.90	542.00	534.05	0.783 times
10 Thu Oct 2024	540.90	533.90	542.00	533.90	1.011 times
09 Wed Oct 2024	532.50	538.30	543.70	529.90	1.048 times
08 Tue Oct 2024	532.95	537.50	549.20	530.80	1 times
07 Mon Oct 2024	542.15	553.00	553.05	533.35	1.454 times

Stock of Indraprastha Gas (IGL) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 483.2, for a target of 511.7 or 535.55

Share price targets for Indraprastha Gas (IGL)

Target Type	Value
Downside Target	423.00
Downside Target	439.35
Upside Target	502.85
Upside 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	414.03
Downside Intraday Target	376.37
Upside Intraday Target	514.68
Upside Intraday Target	577.67
Upside Intraday Target	477.02

Weekly technical analysis of Indraprastha Gas (IGL)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	451.70	540.00	540.00	439.35	2.441 times
11 Fri Oct 2024	540.55	553.00	553.05	529.90	1.089 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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Indraprastha Gas (IGL)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	451.70	561.50	569.55	439.35	0.783 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 Strong and stock is gaining momentum.

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

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 red color and prices are below the red 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 SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 490.41 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.