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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)

10 day averaged volume of Indigo Paints is 52538

Date	Daily Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	1325.00	1329.50	1355.00	1310.00	5.064 times
25 Thu Apr 2024	1320.55	1312.00	1328.00	1303.05	0.836 times
24 Wed Apr 2024	1314.70	1328.10	1332.95	1304.45	0.895 times
23 Tue Apr 2024	1328.10	1334.95	1334.95	1312.00	1.301 times
22 Mon Apr 2024	1322.35	1339.85	1339.85	1308.00	0.482 times
19 Fri Apr 2024	1312.25	1314.95	1319.70	1287.25	1.213 times
18 Thu Apr 2024	1315.65	1348.00	1348.00	1308.10	0.734 times
16 Tue Apr 2024	1321.20	1329.45	1340.00	1310.50	1.829 times
15 Mon Apr 2024	1329.50	1301.15	1333.95	1301.15	1.304 times
12 Fri Apr 2024	1347.80	1349.80	1357.20	1337.70	0.698 times

Stock of Indigo Paints (INDIGOPNTS) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, and stock might move down till 1297.4 or till 1256.1. Use a stoploss of 1331.89 and if the stock hits stoploss, then it can shoot up till 1366.34

Share price targets for Indigo Paints (INDIGOPNTS)

Target Type	Value
Downside Target	1250.00
Upside Target	1348.00
Upside Target	1385.70
Upside Target	1409.00
Upside Target	1410.00
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	1300.37
Downside Intraday Target	1275.73
Upside Intraday Target	1352.32
Upside Intraday Target	1379.63
Upside Intraday Target	1327.68

Weekly technical analysis of Indigo Paints (INDIGOPNTS)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	1325.00	1339.85	1355.00	1303.05	1.689 times
19 Fri Apr 2024	1312.25	1301.15	1348.00	1287.25	1.119 times
12 Fri Apr 2024	1347.80	1410.00	1410.00	1320.75	0.811 times
05 Fri Apr 2024	1394.65	1274.00	1409.00	1274.00	1.246 times
28 Thu Mar 2024	1256.60	1301.50	1319.95	1250.00	1.408 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Indigo Paints (INDIGOPNTS)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	1325.00	1274.00	1410.00	1274.00	1.371 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 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 BUY. Signal strength is Weak and stock is losing 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 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 moving up

CCI has generated a buy signal for Indigo Paints in short term and BUY signal is strong.

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 1323.77 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.