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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 2024-04-01 View latest technical analysis

10 day averaged volume of Indigo Paints is 52108

Date	Daily Closing Price	Open	High	Low	Volume
01 Mon Apr 2024	1313.30	1274.00	1323.90	1274.00	1.926 times
28 Thu Mar 2024	1256.60	1283.95	1285.80	1250.00	1.613 times
27 Wed Mar 2024	1273.00	1294.95	1303.95	1265.00	1.288 times
26 Tue Mar 2024	1284.35	1301.50	1319.95	1274.00	1.631 times
22 Fri Mar 2024	1321.20	1329.80	1329.95	1316.55	0.577 times
21 Thu Mar 2024	1317.80	1340.00	1350.00	1315.00	0.772 times
20 Wed Mar 2024	1325.25	1337.10	1337.50	1317.00	0.49 times
19 Tue Mar 2024	1337.10	1337.20	1340.00	1330.00	0.781 times
18 Mon Mar 2024	1337.20	1341.05	1353.10	1328.00	0.598 times
15 Fri Mar 2024	1341.45	1344.95	1360.95	1329.45	0.734 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1298.1 as stoploss in an intra day buy trade for a target of 1338.58. However, stock will show a bearish move below 1298.1.

Share price targets for Indigo Paints (INDIGOPNTS)

Target Type	Value
Downside Target	1250.00
Downside Target	1303.05
Upside Target	1351.10
Upside Target	1385.70
Upside Target	1390.80
Upside Target	1401.15
Upside Target	1412.75
Upside Target	1418.00
Upside Target	1425.65
Upside Target	1540.00
Upside Target	1558.85

Intraday share price targets for Indigo Paints (INDIGOPNTS)

Target Type	Value
Downside Intraday Target	1283.57
Downside Intraday Target	1253.83
Upside Intraday Target	1333.47
Upside Intraday Target	1353.63
Downside Intraday Target	1303.73

Weekly technical analysis of Indigo Paints (INDIGOPNTS)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Mon Apr 2024	1313.30	1274.00	1323.90	1274.00	0.425 times
28 Thu Mar 2024	1256.60	1301.50	1319.95	1250.00	1.408 times
22 Fri Mar 2024	1321.20	1341.05	1353.10	1315.00	0.545 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

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
01 Mon Apr 2024	1313.30	1274.00	1323.90	1274.00	0.11 times
28 Thu Mar 2024	1256.60	1412.75	1418.00	1250.00	0.36 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

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 losing 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 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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Indigo Paints in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 1301.47 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 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.