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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 2024-05-16 View latest technical analysis

10 day averaged volume of Indraprastha Gas is 4388372

Date	Daily Closing Price	Open	High	Low	Volume
16 Thu May 2024	440.30	442.75	444.90	436.55	0.233 times
15 Wed May 2024	439.80	444.50	448.20	433.40	0.988 times
14 Tue May 2024	444.50	436.05	448.85	430.45	0.724 times
13 Mon May 2024	434.70	450.00	450.90	432.05	0.449 times
10 Fri May 2024	446.00	444.00	456.80	440.40	0.944 times
09 Thu May 2024	440.00	451.20	467.00	437.60	1.074 times
08 Wed May 2024	451.20	430.00	468.40	428.70	3.129 times
07 Tue May 2024	436.55	446.55	451.50	432.60	0.992 times
06 Mon May 2024	442.95	458.00	459.25	442.00	0.52 times
03 Fri May 2024	455.20	468.00	468.00	449.00	0.504 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 437.4 as stoploss in an intra day buy trade for a target of 447.57. However, stock will show a bearish move below 437.4.

Share price targets for Indraprastha Gas (IGL)

Target Type	Value
Downside Target	397.15
Downside Target	412.10
Downside Target	428.70
Upside Target	449.00
Upside Target	459.00
Upside Target	460.00
Upside Target	463.65
Upside Target	468.40
Upside Target	472.75
Upside Target	477.75
Upside Target	489.00

Intraday share price targets for Indraprastha Gas (IGL)

Target Type	Value
Downside Intraday Target	430.2
Downside Intraday Target	420.1
Upside Intraday Target	450.65
Upside Intraday Target	461
Upside Intraday Target	440.55

Weekly technical analysis of Indraprastha Gas (IGL)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Thu May 2024	440.30	450.00	450.90	430.45	0.36 times
10 Fri May 2024	446.00	458.00	468.40	428.70	2.995 times
03 Fri May 2024	455.20	460.25	477.75	449.00	0.77 times
26 Fri Apr 2024	460.05	441.00	463.65	433.00	0.522 times
19 Fri Apr 2024	436.20	455.00	489.00	432.15	1.751 times

Price has moved down 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
16 Thu May 2024	440.30	471.50	472.75	428.70	0.595 times
30 Tue Apr 2024	469.20	430.90	489.00	430.90	1.589 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

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 Indraprastha Gas (IGL)

Price action analysis of Indraprastha Gas ( (IGL) ) 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 Indraprastha Gas ( (IGL) ) 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Indraprastha Gas in short term and the sell signal is strong.

Indraprastha Gas 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 green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Indraprastha Gas 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

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 444.94 and Indraprastha Gas (IGL) 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 Indraprastha Gas (IGL) stock. Volume based technical analysis of Indraprastha Gas (IGL) stock is negative.

Indraprastha Gas 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.