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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 2024-05-27 View latest technical analysis

10 day averaged volume of Indraprastha Gas is 2194914

Date	Daily Closing Price	Open	High	Low	Volume
27 Mon May 2024	461.15	460.95	469.20	457.65	1.136 times
24 Fri May 2024	460.75	452.95	465.90	448.70	1.75 times
23 Thu May 2024	454.35	444.00	455.25	440.95	1.037 times
22 Wed May 2024	441.30	443.00	443.80	435.45	1.155 times
21 Tue May 2024	440.85	444.00	445.55	440.00	0.478 times
18 Sat May 2024	444.00	441.00	445.00	441.00	0.056 times
17 Fri May 2024	440.50	442.00	443.00	435.50	0.735 times
16 Thu May 2024	440.30	442.75	444.90	436.55	0.466 times
15 Wed May 2024	439.80	444.50	448.20	433.40	1.976 times
14 Tue May 2024	444.50	436.05	448.85	430.45	1.448 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 458.5, but if it comes below 458.5, then a intra day sell could be more profitable.
If you take a sell trade below 458.5, then use 458.5 as stoploss and 448.45 as target. However if you take a buy trade in stock , then use 458.5 as stoploss and 470.6 as target.

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
Downside Target	459.00
Downside Target	460.00
Upside Target	465.90
Upside Target	468.40
Upside Target	469.20
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	456.13
Downside Intraday Target	451.12
Upside Intraday Target	467.68
Upside Intraday Target	474.22
Upside Intraday Target	462.67

Weekly technical analysis of Indraprastha Gas (IGL)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Mon May 2024	461.15	460.95	469.20	457.65	0.257 times
24 Fri May 2024	460.75	444.00	465.90	435.45	0.792 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

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
27 Mon May 2024	461.15	471.50	472.75	428.70	0.779 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 to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Indraprastha Gas ( (IGL) ) based on a mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 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 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 448.2 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.