logo munafa.org

NEWS Gainers Losers
 Learn then Earn

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.

10 day averaged volume of Indraprastha Gas is 2425239

Date Daily Closing Price Open High Low Volume
15 Thu Apr 2021 524.95 521.00 528.30 512.00 0.529 times
13 Tue Apr 2021 522.20 514.80 524.25 511.75 0.531 times
12 Mon Apr 2021 516.65 529.95 530.30 499.00 1.144 times
09 Fri Apr 2021 542.50 530.10 544.90 528.00 1.927 times
08 Thu Apr 2021 525.85 507.50 527.70 507.50 1.244 times
07 Wed Apr 2021 505.15 504.00 509.00 501.70 0.597 times
06 Tue Apr 2021 504.25 507.30 514.10 500.25 0.837 times
05 Mon Apr 2021 504.75 525.75 525.75 502.25 0.849 times
01 Thu Apr 2021 526.45 519.60 527.80 515.65 1.022 times
31 Wed Mar 2021 512.35 513.65 525.00 508.30 0.897 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 524.7, but if it comes below 524.7, then a intra day sell could be more profitable.
If you take a sell trade below 524.7, then use 524.7 as stoploss and 512.92 as target. However if you take a buy trade in stock , then use 524.7 as stoploss and 538.8 as target.

Share price targets for Indraprastha Gas (IGL)

Target Type Value
Downside Target 451.65
Downside Target 480.15
Downside Target 497.15
Downside Target 518.40
Upside Target 527.80
Upside Target 529.50
Upside Target 530.30
Upside Target 539.00
Upside Target 544.90
Upside Target 581.00
Upside Target 594.85

Intraday share price targets for Indraprastha Gas (IGL)

Target Type Value
Downside Intraday Target 505.87
Downside Intraday Target 486.78
Upside Intraday Target 537.17
Upside Intraday Target 549.38
Downside Intraday Target 518.08

Weekly technical analysis of Indraprastha Gas (IGL)

Date Weekly Closing Price Open High Low Volume
15 Thu Apr 2021 524.95 529.95 530.30 499.00 0.404 times
09 Fri Apr 2021 542.50 525.75 544.90 500.25 1.899 times
01 Thu Apr 2021 526.45 510.00 527.80 505.50 0.6 times
26 Fri Mar 2021 503.65 513.50 529.50 497.15 0.866 times
19 Fri Mar 2021 511.20 511.50 518.40 480.15 1.591 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
15 Thu Apr 2021 524.95 519.60 544.90 499.00 0.342 times
31 Wed Mar 2021 512.35 494.00 539.00 480.15 0.892 times
25 Thu Feb 2021 511.55 515.85 594.85 498.55 1 times
29 Fri Jan 2021 515.80 503.00 581.00 501.00 0.898 times

Scroll below to view daily charts

Price has moved up 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)

Indicator Name Indicator Value Indicator Signal
ADX 25, 24, 2 Buy
MACD 2, -1Buy
Stochastics 49None
CCI 39Buy
RSI 43Sell
OBV 13378039Sell
VWAP 522Buy
ADL 0Sell
ROC 3Buy
Force Index 0Sell

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 term time period is

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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 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 521.6 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.

Click here for Indraprastha Gas charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
 Learn then Earn
Back to top | Use Dark Theme