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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 2024-06-11 View latest technical analysis

10 day averaged volume of Indraprastha Gas is 8858790

Date	Daily Closing Price	Open	High	Low	Volume
11 Tue Jun 2024	470.60	468.00	476.00	463.30	0.646 times
10 Mon Jun 2024	470.00	473.95	484.60	468.00	0.618 times
07 Fri Jun 2024	467.00	463.00	474.00	457.15	0.497 times
06 Thu Jun 2024	460.60	455.00	466.55	452.00	0.671 times
05 Wed Jun 2024	446.65	443.15	449.00	435.40	0.584 times
04 Tue Jun 2024	442.25	465.00	465.70	423.00	1.005 times
03 Mon Jun 2024	468.95	465.00	471.20	452.20	0.536 times
31 Fri May 2024	441.95	451.35	455.40	433.70	4.753 times
30 Thu May 2024	456.65	461.50	463.25	452.00	0.311 times
29 Wed May 2024	461.50	470.00	473.45	458.20	0.586 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 466, but if it comes below 466, then a intra day sell could be more profitable.
If you take a sell trade below 466, then use 466 as stoploss and 454.09 as target. However if you take a buy trade in stock , then use 466 as stoploss and 480.2 as target.

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	463.30
Downside Target	465.90
Upside Target	474.00
Upside Target	477.00
Upside Target	484.60
Upside Target	489.00

Intraday share price targets for Indraprastha Gas (IGL)

Target Type	Value
Downside Intraday Target	461.07
Downside Intraday Target	451.53
Upside Intraday Target	482.37
Upside Intraday Target	494.13
Upside Intraday Target	472.83

Weekly technical analysis of Indraprastha Gas (IGL)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Tue Jun 2024	470.60	473.95	484.60	463.30	0.384 times
07 Fri Jun 2024	467.00	465.00	474.00	423.00	0.517 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

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
11 Tue Jun 2024	470.60	465.00	484.60	423.00	0.358 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 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 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 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 SELL signal for Indraprastha Gas in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 451.19 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 has given negative 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.