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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 2024-08-20 View latest technical analysis

10 day averaged volume of Indraprastha Gas is 1448458

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	548.45	550.00	552.95	542.80	0.585 times
19 Mon Aug 2024	548.15	545.00	555.00	543.05	0.894 times
16 Fri Aug 2024	545.85	539.00	546.50	538.40	0.527 times
14 Wed Aug 2024	538.50	541.95	544.85	536.50	0.33 times
13 Tue Aug 2024	540.65	547.00	551.00	539.05	0.792 times
12 Mon Aug 2024	542.95	537.05	545.00	533.50	0.906 times
09 Fri Aug 2024	537.40	544.45	544.95	531.10	1.099 times
08 Thu Aug 2024	541.95	546.75	546.95	540.10	0.755 times
07 Wed Aug 2024	547.75	543.00	548.85	538.05	0.72 times
06 Tue Aug 2024	535.60	530.00	549.00	528.80	1.927 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 548.1, but if it comes below 548.1, then a intra day sell could be more profitable.
If you take a sell trade below 548.1, then use 548.1 as stoploss and 541.96 as target. However if you take a buy trade in stock , then use 548.1 as stoploss and 555.4 as target.

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
Downside Target	531.00
Upside Target	549.00
Upside Target	551.00
Upside Target	553.40
Upside Target	555.00
Upside Target	559.40

Intraday share price targets for Indraprastha Gas (IGL)

Target Type	Value
Downside Intraday Target	542.5
Downside Intraday Target	536.55
Upside Intraday Target	554.7
Upside Intraday Target	560.95
Upside Intraday Target	548.75

Weekly technical analysis of Indraprastha Gas (IGL)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	548.45	545.00	555.00	542.80	0.578 times
16 Fri Aug 2024	545.85	537.05	551.00	533.50	0.39 times
09 Fri Aug 2024	537.40	520.00	549.00	513.30	1.365 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

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
20 Tue Aug 2024	548.45	551.35	555.00	513.30	0.294 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 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 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 short to mid term time period is neutral. A longer time frame might give a better analysis.

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.

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 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 541.61 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.