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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 2024-11-22 View latest technical analysis

10 day averaged volume of Indigo Paints is 141719

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	1502.80	1498.80	1517.55	1497.00	0.243 times
21 Thu Nov 2024	1494.50	1500.85	1505.50	1479.25	0.42 times
19 Tue Nov 2024	1500.80	1520.00	1521.85	1494.40	0.454 times
18 Mon Nov 2024	1502.45	1500.00	1505.95	1456.85	1.034 times
14 Thu Nov 2024	1500.15	1510.20	1540.50	1493.30	0.662 times
13 Wed Nov 2024	1500.40	1492.00	1515.20	1476.05	0.946 times
12 Tue Nov 2024	1499.10	1487.00	1510.00	1487.00	0.761 times
11 Mon Nov 2024	1486.15	1500.00	1532.35	1480.00	1.125 times
08 Fri Nov 2024	1534.45	1610.10	1621.00	1521.55	1.702 times
07 Thu Nov 2024	1628.15	1641.00	1649.20	1596.80	2.043 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1507, but if it comes above 1507, then a intra day buy could be more profitable.
If you take a sell trade below 1507, then use 1507 as stoploss and 1420.1 as target. However if you take a buy trade in stock , then use 1507 as stoploss and 1579.45 as target.

Share price targets for Indigo Paints (INDIGOPNTS)

Target Type	Value
Downside Target	1358.50
Downside Target	1406.20
Downside Target	1456.85
Upside Target	1517.30
Upside Target	1584.00
Upside Target	1588.00
Upside Target	1590.60
Upside Target	1686.05
Upside Target	1689.00
Upside Target	1720.30

Intraday share price targets for Indigo Paints (INDIGOPNTS)

Target Type	Value
Downside Intraday Target	1465.82
Downside Intraday Target	1428.83
Upside Intraday Target	1530.82
Upside Intraday Target	1558.83
Downside Intraday Target	1493.83

Weekly technical analysis of Indigo Paints (INDIGOPNTS)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	1502.80	1500.00	1521.85	1456.85	0.616 times
14 Thu Nov 2024	1500.15	1500.00	1540.50	1476.05	0.506 times
08 Fri Nov 2024	1534.45	1680.10	1686.05	1521.55	0.634 times
01 Fri Nov 2024	1676.35	1537.60	1720.30	1537.60	0.576 times
25 Fri Oct 2024	1601.45	1599.00	1689.00	1590.60	1.917 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
22 Fri Nov 2024	1502.80	1665.00	1686.05	1456.85	0.262 times
31 Thu Oct 2024	1645.40	1471.25	1720.30	1406.20	0.229 times
30 Mon Sep 2024	1459.20	1473.95	1584.00	1415.05	25.159 times
30 Fri Aug 2024	1450.50	1514.00	1517.30	1410.00	0.314 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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.

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 moving up

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

RSI is generating a SELL signal in short term and selling is picking up 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 1532.58 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 positive

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