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(INDIGOPNTS) Indigo Paints complete technical analysis [charts+indicators] | Buy/Sell Indigo Paints | (INDIGOPNTS) share price targets

Complete technical analysis of Indigo Paints (INDIGOPNTS) by charts plus indicators, forecast predictions and share price targets for Indigo Paints (INDIGOPNTS)

10 day averaged volume of Indigo Paints is 71378

Date	Daily Closing Price	Open	High	Low	Volume
03 Fri May 2024	1380.20	1381.05	1390.00	1375.00	0.432 times
02 Thu May 2024	1380.55	1372.00	1387.95	1365.05	0.602 times
30 Tue Apr 2024	1373.95	1389.80	1389.80	1365.05	0.772 times
29 Mon Apr 2024	1371.50	1327.65	1377.00	1327.65	0.879 times
26 Fri Apr 2024	1325.00	1329.50	1355.00	1310.00	3.728 times
25 Thu Apr 2024	1320.55	1312.00	1328.00	1303.05	0.616 times
24 Wed Apr 2024	1314.70	1328.10	1332.95	1304.45	0.659 times
23 Tue Apr 2024	1328.10	1334.95	1334.95	1312.00	0.958 times
22 Mon Apr 2024	1322.35	1339.85	1339.85	1308.00	0.355 times
19 Fri Apr 2024	1312.25	1314.95	1319.70	1287.25	0.893 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1377, but if it comes below 1377, then a intra day sell could be more profitable.
If you take a sell trade below 1377, then use 1377 as stoploss and 1347.81 as target. However if you take a buy trade in stock , then use 1377 as stoploss and 1412.1 as target.

Share price targets for Indigo Paints (INDIGOPNTS)

Target Type	Value
Downside Target	1250.00
Upside Target	1390.00
Upside Target	1401.15
Upside Target	1409.00
Upside Target	1410.00
Upside Target	1418.00
Upside Target	1540.00

Intraday share price targets for Indigo Paints (INDIGOPNTS)

Target Type	Value
Downside Intraday Target	1341.9
Downside Intraday Target	1303.6
Upside Intraday Target	1404.25
Upside Intraday Target	1428.3
Downside Intraday Target	1365.95

Weekly technical analysis of Indigo Paints (INDIGOPNTS)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Fri May 2024	1380.20	1327.65	1390.00	1327.65	0.425 times
26 Fri Apr 2024	1325.00	1339.85	1355.00	1303.05	1.689 times
19 Fri Apr 2024	1312.25	1301.15	1348.00	1287.25	1.119 times
12 Fri Apr 2024	1347.80	1410.00	1410.00	1320.75	0.811 times
05 Fri Apr 2024	1394.65	1274.00	1409.00	1274.00	1.246 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 Indigo Paints (INDIGOPNTS)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Fri May 2024	1380.20	1372.00	1390.00	1365.05	0.054 times
30 Tue Apr 2024	1373.95	1274.00	1410.00	1274.00	1.5 times
28 Thu Mar 2024	1256.60	1412.75	1418.00	1250.00	0.36 times
29 Thu Feb 2024	1398.85	1449.95	1540.00	1385.70	1.135 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 Indigo Paints (INDIGOPNTS)

Price action analysis of Indigo Paints ( (INDIGOPNTS) ) 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 Indigo Paints ( (INDIGOPNTS) ) based on a short to mid 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 Indigo Paints ( (INDIGOPNTS) ) based on a mid to longer 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.

ADX buy sell signal for Indigo Paints stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Indigo Paints in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Indigo Paints Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 Indigo Paints 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 positive zone. This is a BUY zone

Stock of Indigo Paints is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1336.84 and Indigo Paints (INDIGOPNTS) 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 Indigo Paints (INDIGOPNTS) stock. Volume based technical analysis of Indigo Paints (INDIGOPNTS) stock is negative.

Indigo Paints 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.