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 2024-04-04 View latest technical analysis

10 day averaged volume of Indigo Paints is 59125

Date	Daily Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	1393.00	1393.00	1402.90	1377.00	0.756 times
03 Wed Apr 2024	1392.35	1358.00	1400.00	1338.95	1.184 times
02 Tue Apr 2024	1344.75	1320.00	1349.90	1312.00	0.814 times
01 Mon Apr 2024	1313.30	1274.00	1323.90	1274.00	1.698 times
28 Thu Mar 2024	1256.60	1283.95	1285.80	1250.00	1.422 times
27 Wed Mar 2024	1273.00	1294.95	1303.95	1265.00	1.135 times
26 Tue Mar 2024	1284.35	1301.50	1319.95	1274.00	1.437 times
22 Fri Mar 2024	1321.20	1329.80	1329.95	1316.55	0.508 times
21 Thu Mar 2024	1317.80	1340.00	1350.00	1315.00	0.681 times
20 Wed Mar 2024	1325.25	1337.10	1337.50	1317.00	0.432 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1372.3, but if it comes below 1372.3, then a intra day sell could be more profitable.
If you take a sell trade below 1372.3, then use 1372.3 as stoploss and 1335.31 as target. However if you take a buy trade in stock , then use 1372.3 as stoploss and 1416.8 as target.

Share price targets for Indigo Paints (INDIGOPNTS)

Target Type	Value
Downside Target	1250.00
Downside Target	1303.05
Downside Target	1351.10
Downside Target	1385.70
Upside Target	1402.90
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	1310.37
Downside Intraday Target	1227.73
Upside Intraday Target	1439.27
Upside Intraday Target	1485.53
Downside Intraday Target	1356.63

Weekly technical analysis of Indigo Paints (INDIGOPNTS)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	1393.00	1274.00	1402.90	1274.00	1.115 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
04 Thu Apr 2024	1393.00	1274.00	1402.90	1274.00	0.289 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 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 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 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 but the buy signal is initial and weak.

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 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 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

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 1315.66 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.