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(IGL) Indraprastha Gas complete technical analysis [charts+indicators] | Buy/Sell Indraprastha Gas | (IGL) share price targets

Complete technical analysis of Indraprastha Gas (IGL) by charts plus indicators, forecast predictions and share price targets for Indraprastha Gas (IGL)

Indraprastha Gas trades in NSE in Utilities:Non-Elec. sector.

Showing technical analysis as on 2024-04-15 View latest technical analysis

10 day averaged volume of Indraprastha Gas is 3689881

Date	Daily Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	470.35	455.00	489.00	455.00	2.973 times
12 Fri Apr 2024	463.10	476.00	476.00	461.90	0.691 times
10 Wed Apr 2024	477.05	475.75	482.70	474.75	0.895 times
09 Tue Apr 2024	475.80	476.45	479.00	469.15	0.434 times
08 Mon Apr 2024	475.35	461.90	482.00	458.10	1.736 times
05 Fri Apr 2024	460.10	437.20	469.00	436.05	3.179 times
04 Thu Apr 2024	437.10	441.55	445.00	434.50	0.634 times
03 Wed Apr 2024	441.35	443.65	447.90	436.35	0.442 times
02 Tue Apr 2024	443.65	440.35	447.95	440.35	0.557 times
01 Mon Apr 2024	440.35	430.90	443.35	430.90	0.636 times

Stock of Indraprastha Gas (IGL) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 461.6, but if it comes below 461.6, then a intra day sell could be more profitable.
If you take a sell trade below 461.6, then use 461.6 as stoploss and 436.36 as target. However if you take a buy trade in stock , then use 461.6 as stoploss and 491.9 as target.

Share price targets for Indraprastha Gas (IGL)

Target Type	Value
Downside Target	389.50
Downside Target	430.90
Downside Target	449.85
Downside Target	455.00
Downside Target	458.10
Downside Target	459.00
Downside Target	460.00
Downside Target	469.00
Upside Target	482.70
Upside Target	489.00

Intraday share price targets for Indraprastha Gas (IGL)

Target Type	Value
Downside Intraday Target	453.9
Downside Intraday Target	437.45
Upside Intraday Target	487.9
Upside Intraday Target	505.45
Upside Intraday Target	471.45

Weekly technical analysis of Indraprastha Gas (IGL)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	470.35	455.00	489.00	455.00	0.791 times
12 Fri Apr 2024	463.10	461.90	482.70	458.10	0.689 times
05 Fri Apr 2024	460.10	430.90	469.00	430.90	3.118 times
28 Thu Mar 2024	430.80	412.10	432.95	410.00	0.765 times
22 Fri Mar 2024	412.75	411.00	416.45	397.15	0.763 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 Indraprastha Gas (IGL)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	470.35	430.90	489.00	430.90	0.946 times
28 Thu Mar 2024	430.80	427.70	460.00	397.15	1.279 times
29 Thu Feb 2024	426.00	433.00	459.00	412.10	0.612 times
31 Wed Jan 2024	430.40	420.40	449.85	403.25	1.23 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 Indraprastha Gas (IGL)

Price action analysis of Indraprastha Gas ( (IGL) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Indraprastha Gas ( (IGL) ) 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 Indraprastha Gas ( (IGL) ) based on a short to mid 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 Indraprastha Gas ( (IGL) ) based on a mid to longer 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.

ADX buy sell signal for Indraprastha Gas stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Indraprastha Gas in short term and the buy signal is strong.

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

Indraprastha Gas Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Indraprastha Gas in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Indraprastha Gas is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 463.09 and Indraprastha Gas (IGL) 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 Indraprastha Gas (IGL) stock. Volume based technical analysis of Indraprastha Gas (IGL) stock is negative.

Indraprastha Gas Stock is giving positive 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.