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(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 2024-02-29 View latest technical analysis

10 day averaged volume of Indigo Paints is 84432

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	1398.85	1409.95	1410.00	1385.70	0.54 times
28 Wed Feb 2024	1403.40	1420.00	1423.60	1399.30	0.372 times
27 Tue Feb 2024	1423.40	1427.05	1433.55	1412.05	0.481 times
26 Mon Feb 2024	1427.80	1448.00	1449.85	1423.05	0.575 times
23 Fri Feb 2024	1443.50	1455.00	1478.45	1434.60	1.179 times
22 Thu Feb 2024	1451.05	1487.00	1488.90	1446.05	1.166 times
21 Wed Feb 2024	1492.05	1505.00	1515.95	1475.50	0.784 times
20 Tue Feb 2024	1503.50	1521.00	1521.00	1492.25	0.58 times
19 Mon Feb 2024	1511.80	1517.00	1517.00	1495.10	0.708 times
16 Fri Feb 2024	1494.70	1507.10	1530.95	1490.20	1.147 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1413.5, but if it comes above 1413.5, then a intra day buy could be more profitable.
If you take a sell trade below 1413.5, then use 1413.5 as stoploss and 1371.3 as target. However if you take a buy trade in stock , then use 1413.5 as stoploss and 1448.65 as target.

Share price targets for Indigo Paints (INDIGOPNTS)

Target Type	Value
Downside Target	1321.50
Downside Target	1385.70
Upside Target	1484.95
Upside Target	1521.00
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	1373.08
Downside Intraday Target	1347.32
Upside Intraday Target	1437.23
Upside Intraday Target	1475.62
Upside Intraday Target	1411.47

Weekly technical analysis of Indigo Paints (INDIGOPNTS)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	1398.85	1448.00	1449.85	1385.70	0.446 times
23 Fri Feb 2024	1443.50	1517.00	1521.00	1434.60	0.344 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

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 Indigo Paints (INDIGOPNTS)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	1398.85	1449.95	1540.00	1385.70	1.135 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 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 Indigo Paints (INDIGOPNTS)

Price action analysis of Indigo Paints ( (INDIGOPNTS) ) 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 Indigo Paints ( (INDIGOPNTS) ) 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Indigo Paints in short term and the sell signal is strong.

Indigo Paints Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 Indigo Paints 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

Stock of Indigo Paints is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1460.89 and Indigo Paints (INDIGOPNTS) 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 Indigo Paints (INDIGOPNTS) stock. Volume based technical analysis of Indigo Paints (INDIGOPNTS) stock is negative.

Indigo Paints 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.