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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 2024-08-27 View latest technical analysis

10 day averaged volume of Indraprastha Gas is 1045016

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	534.15	525.00	535.35	519.95	1.366 times
26 Mon Aug 2024	525.15	528.00	529.20	521.70	0.646 times
23 Fri Aug 2024	524.05	540.50	542.60	522.75	1.367 times
22 Thu Aug 2024	540.40	551.00	553.95	539.70	1.702 times
21 Wed Aug 2024	550.30	550.00	554.60	548.25	0.693 times
20 Tue Aug 2024	548.45	550.00	552.95	542.80	0.81 times
19 Mon Aug 2024	548.15	545.00	555.00	543.05	1.239 times
16 Fri Aug 2024	545.85	539.00	546.50	538.40	0.731 times
14 Wed Aug 2024	538.50	541.95	544.85	536.50	0.457 times
13 Tue Aug 2024	540.65	547.00	551.00	539.05	1.098 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 532.6 as stoploss in an intra day buy trade for a target of 540.54. However, stock will show a bearish move below 532.6.

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
Downside Target	533.50
Upside Target	535.35
Upside Target	549.00
Upside Target	551.00
Upside Target	555.00
Upside Target	559.40

Intraday share price targets for Indraprastha Gas (IGL)

Target Type	Value
Downside Intraday Target	524.28
Downside Intraday Target	514.42
Upside Intraday Target	539.68
Upside Intraday Target	545.22
Downside Intraday Target	529.82

Weekly technical analysis of Indraprastha Gas (IGL)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	534.15	528.00	535.35	519.95	0.346 times
23 Fri Aug 2024	524.05	545.00	555.00	522.75	1.64 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

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 Tue Aug 2024	534.15	551.35	555.00	513.30	0.401 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 to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Indraprastha Gas in short term but BUY signal is weak.

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 538.98 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.