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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 2024-06-06 View latest technical analysis

10 day averaged volume of Indraprastha Gas is 8138089

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	460.60	455.00	466.55	452.00	0.73 times
05 Wed Jun 2024	446.65	443.15	449.00	435.40	0.636 times
04 Tue Jun 2024	442.25	465.00	465.70	423.00	1.094 times
03 Mon Jun 2024	468.95	465.00	471.20	452.20	0.583 times
31 Fri May 2024	441.95	451.35	455.40	433.70	5.174 times
30 Thu May 2024	456.65	461.50	463.25	452.00	0.339 times
29 Wed May 2024	461.50	470.00	473.45	458.20	0.638 times
28 Tue May 2024	472.70	461.40	477.00	458.45	0.478 times
27 Mon May 2024	461.15	460.95	469.20	457.65	0.306 times
24 Fri May 2024	460.75	452.95	465.90	448.70	0.472 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 460.7 as stoploss in an intra day sell trade for a target of 449.97. However, stock will show a bullish move above 460.7.

Share price targets for Indraprastha Gas (IGL)

Target Type	Value
Downside Target	397.15
Downside Target	412.10
Downside Target	423.00
Downside Target	450.90
Downside Target	460.00
Upside Target	465.90
Upside Target	468.40
Upside Target	471.20
Upside Target	477.00
Upside Target	489.00

Intraday share price targets for Indraprastha Gas (IGL)

Target Type	Value
Downside Intraday Target	432
Downside Intraday Target	403.4
Upside Intraday Target	480.2
Upside Intraday Target	499.8
Downside Intraday Target	451.6

Weekly technical analysis of Indraprastha Gas (IGL)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	460.60	465.00	471.20	423.00	0.439 times
31 Fri May 2024	441.95	460.95	477.00	433.70	5.817 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

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
06 Thu Jun 2024	460.60	465.00	471.20	423.00	0.22 times
31 Fri May 2024	441.95	471.50	477.00	428.70	1.494 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

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 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 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 Weak and stock is losing momentum.

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

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. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 449.57 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.