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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 2024-03-19 View latest technical analysis

10 day averaged volume of Indigo Paints is 51086

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	1337.10	1337.20	1340.00	1330.00	0.797 times
18 Mon Mar 2024	1337.20	1341.05	1353.10	1328.00	0.61 times
15 Fri Mar 2024	1341.45	1344.95	1360.95	1329.45	0.748 times
14 Thu Mar 2024	1329.00	1308.65	1352.40	1308.65	1.546 times
13 Wed Mar 2024	1308.65	1337.20	1367.00	1303.05	1.637 times
12 Tue Mar 2024	1337.20	1367.90	1374.70	1325.05	1.122 times
11 Mon Mar 2024	1367.85	1384.45	1390.80	1363.00	0.97 times
07 Thu Mar 2024	1363.55	1398.00	1398.95	1360.00	0.785 times
06 Wed Mar 2024	1374.20	1399.00	1399.00	1351.10	0.78 times
05 Tue Mar 2024	1388.45	1388.25	1400.00	1371.00	0.97 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1339.9, but if it comes above 1339.9, then a intra day buy could be more profitable.
If you take a sell trade below 1339.9, then use 1339.9 as stoploss and 1284.6 as target. However if you take a buy trade in stock , then use 1339.9 as stoploss and 1386.01 as target.

Share price targets for Indigo Paints (INDIGOPNTS)

Target Type	Value
Downside Target	1303.05
Upside Target	1385.70
Upside Target	1418.00
Upside Target	1425.65
Upside Target	1434.60
Upside Target	1449.85
Upside Target	1521.00
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	1325.7
Downside Intraday Target	1314.3
Upside Intraday Target	1350.8
Upside Intraday Target	1364.5
Upside Intraday Target	1339.4

Weekly technical analysis of Indigo Paints (INDIGOPNTS)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	1337.10	1341.05	1353.10	1328.00	0.234 times
15 Fri Mar 2024	1341.45	1384.45	1390.80	1303.05	1.789 times
07 Thu Mar 2024	1363.55	1408.15	1412.75	1351.10	0.882 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

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
19 Tue Mar 2024	1337.10	1412.75	1418.00	1303.05	0.229 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Indigo Paints 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 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 SELL signal in short term but selling 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 1344.5 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.