Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-05-23 View latest technical analysis

10 day averaged volume of Indraprastha Gas is 2468997

Date	Daily Closing Price	Open	High	Low	Volume
23 Thu May 2024	454.35	444.00	455.25	440.95	0.922 times
22 Wed May 2024	441.30	443.00	443.80	435.45	1.027 times
21 Tue May 2024	440.85	444.00	445.55	440.00	0.425 times
18 Sat May 2024	444.00	441.00	445.00	441.00	0.05 times
17 Fri May 2024	440.50	442.00	443.00	435.50	0.654 times
16 Thu May 2024	440.30	442.75	444.90	436.55	0.414 times
15 Wed May 2024	439.80	444.50	448.20	433.40	1.756 times
14 Tue May 2024	444.50	436.05	448.85	430.45	1.287 times
13 Mon May 2024	434.70	450.00	450.90	432.05	0.798 times
10 Fri May 2024	446.00	444.00	456.80	440.40	1.678 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 457.7 as stoploss in an intra day sell trade for a target of 448.01. However, stock will show a bullish move above 457.7.

Share price targets for Indraprastha Gas (IGL)

Target Type	Value
Downside Target	397.15
Downside Target	412.10
Downside Target	428.70
Downside Target	449.00
Upside Target	455.25
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	441.45
Downside Intraday Target	428.55
Upside Intraday Target	461.25
Upside Intraday Target	468.15
Downside Intraday Target	448.35

Weekly technical analysis of Indraprastha Gas (IGL)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Thu May 2024	454.35	444.00	455.25	435.45	0.479 times
18 Sat May 2024	444.00	450.00	450.90	430.45	0.419 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

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
23 Thu May 2024	454.35	471.50	472.75	428.70	0.695 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 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Indraprastha Gas stock for short term is BUY. Signal strength is Weak and stock is losing 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 442.98 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 negative.

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