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

(INDIGOPNTS) Indigo Paints complete technical analysis [charts+indicators] | Buy/Sell Indigo Paints | (INDIGOPNTS) share price targets

Complete technical analysis of Indigo Paints (INDIGOPNTS) by charts plus indicators, forecast predictions and share price targets for Indigo Paints (INDIGOPNTS)

Showing technical analysis as on 2024-02-19 View latest technical analysis

10 day averaged volume of Indigo Paints is 189506

Date	Daily Closing Price	Open	High	Low	Volume
19 Mon Feb 2024	1511.80	1517.00	1517.00	1495.10	0.315 times
16 Fri Feb 2024	1494.70	1507.10	1530.95	1490.20	0.511 times
15 Thu Feb 2024	1499.60	1465.70	1540.00	1462.35	1.341 times
14 Wed Feb 2024	1458.40	1450.00	1470.90	1450.00	0.199 times
13 Tue Feb 2024	1474.40	1461.85	1497.00	1445.30	0.889 times
12 Mon Feb 2024	1449.40	1470.00	1505.50	1440.00	2.774 times
09 Fri Feb 2024	1423.30	1442.30	1514.95	1404.90	2.458 times
08 Thu Feb 2024	1442.30	1436.50	1530.00	1431.75	0.925 times
07 Wed Feb 2024	1436.45	1415.00	1444.90	1410.00	0.457 times
06 Tue Feb 2024	1407.05	1410.05	1426.00	1405.00	0.227 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1511.9, for a target of 1477.2 or 1448.28

Share price targets for Indigo Paints (INDIGOPNTS)

Target Type	Value
Downside Target	1321.50
Downside Target	1401.15
Downside Target	1484.95
Upside Target	1517.00
Upside Target	1529.00
Upside Target	1530.00
Upside Target	1540.00
Upside Target	1558.85
Upside Target	1576.30

Intraday share price targets for Indigo Paints (INDIGOPNTS)

Target Type	Value
Downside Intraday Target	1498.93
Downside Intraday Target	1486.07
Upside Intraday Target	1520.83
Upside Intraday Target	1529.87
Downside Intraday Target	1507.97

Weekly technical analysis of Indigo Paints (INDIGOPNTS)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Mon Feb 2024	1511.80	1517.00	1517.00	1495.10	0.055 times
16 Fri Feb 2024	1494.70	1470.00	1540.00	1440.00	1.333 times
09 Fri Feb 2024	1423.30	1424.85	1530.00	1404.90	3.657 times
02 Fri Feb 2024	1418.90	1450.00	1484.95	1406.00	1.021 times
25 Thu Jan 2024	1450.00	1457.25	1491.55	1401.15	0.174 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 Indigo Paints (INDIGOPNTS)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Mon Feb 2024	1511.80	1449.95	1540.00	1404.90	0.921 times
31 Wed Jan 2024	1443.45	1499.00	1540.00	1401.15	1.541 times
29 Fri Dec 2023	1490.50	1498.00	1558.85	1425.65	0.582 times
30 Thu Nov 2023	1488.65	1409.80	1576.30	1401.80	2.038 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 Indigo Paints (INDIGOPNTS)

Price action analysis of Indigo Paints ( (INDIGOPNTS) ) based on a short 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 Indigo Paints ( (INDIGOPNTS) ) 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 Indigo Paints ( (INDIGOPNTS) ) 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 Indigo Paints stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Indigo Paints 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.

Indigo Paints Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Indigo Paints in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 Indigo Paints is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1454.14 and Indigo Paints (INDIGOPNTS) 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 Indigo Paints (INDIGOPNTS) stock. Volume based technical analysis of Indigo Paints (INDIGOPNTS) stock is negative.

Indigo Paints 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.