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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 2024-03-06 View latest technical analysis

10 day averaged volume of Indigo Paints is 48489

Date	Daily Closing Price	Open	High	Low	Volume
06 Wed Mar 2024	1374.20	1399.00	1399.00	1351.10	0.822 times
05 Tue Mar 2024	1388.45	1388.25	1400.00	1371.00	1.022 times
04 Mon Mar 2024	1386.35	1408.15	1412.75	1384.00	0.876 times
02 Sat Mar 2024	1408.15	1414.00	1415.05	1400.00	0.113 times
01 Fri Mar 2024	1400.95	1412.75	1418.00	1398.00	0.479 times
29 Thu Feb 2024	1398.85	1409.95	1410.00	1385.70	0.94 times
28 Wed Feb 2024	1403.40	1420.00	1423.60	1399.30	0.648 times
27 Tue Feb 2024	1423.40	1427.05	1433.55	1412.05	0.838 times
26 Mon Feb 2024	1427.80	1448.00	1449.85	1423.05	1.001 times
23 Fri Feb 2024	1443.50	1455.00	1478.45	1434.60	2.053 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1398, but if it comes above 1398, then a intra day buy could be more profitable.
If you take a sell trade below 1398, then use 1398 as stoploss and 1346.9 as target. However if you take a buy trade in stock , then use 1398 as stoploss and 1440.66 as target.

Share price targets for Indigo Paints (INDIGOPNTS)

Target Type	Value
Downside Target	1351.10
Upside Target	1385.70
Upside Target	1440.00
Upside Target	1449.85
Upside Target	1521.00
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	1345.95
Downside Intraday Target	1317.7
Upside Intraday Target	1407.6
Upside Intraday Target	1441
Upside Intraday Target	1379.35

Weekly technical analysis of Indigo Paints (INDIGOPNTS)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Wed Mar 2024	1374.20	1408.15	1412.75	1351.10	0.677 times
02 Sat Mar 2024	1408.15	1448.00	1449.85	1385.70	0.523 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

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
06 Wed Mar 2024	1374.20	1412.75	1418.00	1351.10	0.063 times
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

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 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 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 but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 1410.72 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.