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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 2024-10-01 View latest technical analysis

10 day averaged volume of Indraprastha Gas is 3524565

Date	Daily Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	558.40	561.50	569.55	554.05	1.062 times
30 Mon Sep 2024	558.55	549.00	560.35	544.30	0.458 times
27 Fri Sep 2024	549.50	548.95	556.00	547.50	0.433 times
26 Thu Sep 2024	548.90	549.30	550.85	539.60	0.474 times
25 Wed Sep 2024	549.55	549.35	558.50	546.15	0.583 times
24 Tue Sep 2024	550.15	550.50	553.50	547.00	0.648 times
23 Mon Sep 2024	546.95	538.55	548.15	534.00	0.33 times
20 Fri Sep 2024	538.90	541.00	543.05	530.35	0.81 times
19 Thu Sep 2024	542.60	539.00	547.35	533.50	0.655 times
18 Wed Sep 2024	535.50	547.95	553.80	533.05	0.894 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 553.5, but if it comes below 553.5, then a intra day sell could be more profitable.
If you take a sell trade below 553.5, then use 553.5 as stoploss and 542.29 as target. However if you take a buy trade in stock , then use 553.5 as stoploss and 566.9 as target.

Share price targets for Indraprastha Gas (IGL)

Target Type	Value
Downside Target	423.00
Downside Target	502.85
Downside Target	534.00
Upside Target	558.50
Upside Target	559.40
Upside Target	560.75
Upside Target	562.75
Upside Target	569.55
Upside Target	570.35

Intraday share price targets for Indraprastha Gas (IGL)

Target Type	Value
Downside Intraday Target	545.28
Downside Intraday Target	532.17
Upside Intraday Target	570.53
Upside Intraday Target	582.67
Downside Intraday Target	557.42

Weekly technical analysis of Indraprastha Gas (IGL)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	558.40	549.00	569.55	544.30	0.616 times
27 Fri Sep 2024	549.50	538.55	558.50	534.00	0.311 times
20 Fri Sep 2024	538.90	518.00	562.75	517.15	5.849 times
13 Fri Sep 2024	517.15	538.55	545.00	516.05	0.337 times
06 Fri Sep 2024	542.35	554.10	570.35	535.55	1.51 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
01 Tue Oct 2024	558.40	561.50	569.55	554.05	0.065 times
30 Mon Sep 2024	558.55	554.10	570.35	516.05	1.917 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

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 neutral. A longer time frame might give a better analysis.

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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Indraprastha Gas stock for short term is BUY. Signal strength is Strong and stock is gaining 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 coming down

CCI has generated a buy signal for Indraprastha Gas in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 547.5 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.