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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 2024-08-05 View latest technical analysis

10 day averaged volume of Indraprastha Gas is 1867640

Date	Daily Closing Price	Open	High	Low	Volume
05 Mon Aug 2024	528.20	520.00	532.20	513.30	1.589 times
02 Fri Aug 2024	538.10	531.00	543.10	531.00	0.306 times
01 Thu Aug 2024	541.65	551.35	553.55	539.60	0.337 times
31 Wed Jul 2024	548.00	555.00	559.40	547.15	0.619 times
30 Tue Jul 2024	553.45	542.00	556.35	542.00	1.497 times
29 Mon Jul 2024	544.15	545.00	555.00	541.30	0.963 times
26 Fri Jul 2024	540.50	539.45	542.85	530.60	1.249 times
25 Thu Jul 2024	535.00	545.00	547.20	530.00	1.313 times
24 Wed Jul 2024	548.80	535.70	553.40	532.55	1.495 times
23 Tue Jul 2024	534.10	547.00	547.00	516.30	0.962 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 527.6 as stoploss in an intra day buy trade for a target of 536.22. However, stock will show a bearish move below 527.6.

Share price targets for Indraprastha Gas (IGL)

Target Type	Value
Downside Target	423.00
Downside Target	477.00
Downside Target	489.00
Downside Target	502.85
Upside Target	531.00
Upside Target	532.20
Upside Target	540.45
Upside Target	550.90
Upside Target	553.40
Upside Target	553.55
Upside Target	559.40

Intraday share price targets for Indraprastha Gas (IGL)

Target Type	Value
Downside Intraday Target	516.93
Downside Intraday Target	505.67
Upside Intraday Target	535.83
Upside Intraday Target	543.47
Downside Intraday Target	524.57

Weekly technical analysis of Indraprastha Gas (IGL)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Mon Aug 2024	528.20	520.00	532.20	513.30	0.427 times
02 Fri Aug 2024	538.10	545.00	559.40	531.00	0.593 times
26 Fri Jul 2024	540.50	527.95	553.40	516.30	1.103 times
19 Fri Jul 2024	528.85	527.00	550.90	521.60	0.972 times
12 Fri Jul 2024	525.50	525.95	540.45	516.85	0.636 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
05 Mon Aug 2024	528.20	551.35	553.55	513.30	0.074 times
31 Wed Jul 2024	548.00	506.70	559.40	502.85	0.732 times
28 Fri Jun 2024	503.70	465.00	509.70	423.00	0.68 times
31 Fri May 2024	441.95	471.50	477.00	428.70	1.494 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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Indraprastha Gas ( (IGL) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 losing momentum.

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

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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Indraprastha Gas in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying 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 541.15 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 positive

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