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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 2024-09-11 View latest technical analysis

10 day averaged volume of Indraprastha Gas is 2356055

Date	Daily Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	527.85	541.00	541.40	524.65	0.507 times
10 Tue Sep 2024	539.65	534.50	541.20	533.20	0.305 times
09 Mon Sep 2024	532.05	538.55	545.00	526.20	0.563 times
06 Fri Sep 2024	542.35	556.60	561.80	535.55	0.889 times
05 Thu Sep 2024	556.00	552.25	562.50	550.00	1.172 times
04 Wed Sep 2024	549.00	553.55	557.90	542.90	0.621 times
03 Tue Sep 2024	555.45	547.50	556.45	544.95	1.291 times
02 Mon Sep 2024	547.50	554.10	570.35	544.70	2.056 times
30 Fri Aug 2024	552.80	549.00	560.75	545.85	1.553 times
29 Thu Aug 2024	543.35	539.90	547.20	537.60	0.944 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 532.7, but if it comes above 532.7, then a intra day buy could be more profitable.
If you take a sell trade below 532.7, then use 532.7 as stoploss and 521.5 as target. However if you take a buy trade in stock , then use 532.7 as stoploss and 541.99 as target.

Share price targets for Indraprastha Gas (IGL)

Target Type	Value
Downside Target	423.00
Downside Target	477.00
Downside Target	502.85
Upside Target	545.00
Upside Target	551.00
Upside Target	555.00
Upside Target	559.40
Upside Target	560.75
Upside Target	570.35

Intraday share price targets for Indraprastha Gas (IGL)

Target Type	Value
Downside Intraday Target	520
Downside Intraday Target	512.15
Upside Intraday Target	540.35
Upside Intraday Target	552.85
Upside Intraday Target	532.5

Weekly technical analysis of Indraprastha Gas (IGL)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	527.85	538.55	545.00	524.65	0.228 times
06 Fri Sep 2024	542.35	554.10	570.35	535.55	1.51 times
30 Fri Aug 2024	552.80	528.00	560.75	519.95	1.55 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

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
11 Wed Sep 2024	527.85	554.10	570.35	524.65	0.584 times
30 Fri Aug 2024	552.80	551.35	560.75	513.30	0.531 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

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 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 SELL. Signal strength is Weak and stock is gaining 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 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 SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 547.48 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 negative.

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