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2021 Indraprastha Gas (IGL) technical analysis [forecast] stock price targets

Indraprastha Gas technical analysis & forecast stock price targets, Daily, Weekly, Monthly technical analysis

Indraprastha Gas deals in Utilities:Non-Elec. Indraprastha Gas option chain analysis

Date Close Open High Low Volume
21 Thu Jan 532.90 564.00 566.70 529.10 56.11 lakhs
20 Wed Jan 561.30 560.00 563.30 553.00 21.74 lakhs
19 Tue Jan 557.55 539.80 558.95 538.60 21.67 lakhs
18 Mon Jan 535.20 550.65 555.90 533.20 31.65 lakhs
15 Fri Jan 547.90 568.00 575.40 543.15 35.98 lakhs
IGL chart

My analysis of stock is bullish for shortterm, and stock might move up till 559 or till 590.3. Use a stoploss of 532.87 and if this stock hits its stoploss, then it can fall down till 506.76

  • Daily Price action analysis of 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.

  • Daily Price action analysis of IGL 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.

  • Daily Price action analysis of IGL based on a 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.

Intraday technical analysis of Indraprastha Gas

Stock is trading at 536.85 as on 22 Fri Jan 12:45

Day open is at 537.75, day high is at 544.00, day low is at 531.60, and day volume is at 413.32 lakhs so far.

First 15 minute high low range is 531.60 - 542.50

First hour high low range is 531.60 - 542.50

Date Intraday Price Open High Low Volume
22 Fri Jan 12:45 536.85 537.75 544.00 531.60 1893795
22 Fri Jan 12:40 538.00 537.75 544.00 531.60 1865176
22 Fri Jan 12:35 541.20 537.75 544.00 531.60 1782923
22 Fri Jan 12:30 541.55 537.75 544.00 531.60 1765337
22 Fri Jan 12:25 542.55 537.75 544.00 531.60 1750979
Intraday IGL chart

Prices of Indraprastha Gas are surely coming down. Look for opportunities to sell in intraday.

Take a trade after 9:30am only.

Indraprastha Gas (IGL) intraday stock price targets

  • EntEntry: 537.05 or 539.45
  • Upside target: 542.5
  • Downside target : 520.7
  • Second Upside target: 549.8
  • Second Downside target : 512.2

Indraprastha Gas (IGL) weekly technical analysis

Date Weekly Close Open Range Volume
21 Thu Jan 532.90 550.65 529.10
566.70
131.167 lakhs
15 Fri Jan 547.90 550.00 543.15
581.00
141.232 lakhs
08 Fri Jan 550.70 510.95 505.05
553.75
283.931 lakhs
01 Fri Jan 507.15 491.35 486.00
519.50
217.464 lakhs
24 Thu Dec 489.15 480.00 451.65
501.55
138.873 lakhs
weekly IGL chart

Weekly forecast of Indraprastha Gas is negative. Sellers dominated the stock this week, and might continue to dominate in coming days too.

Weekly Price action analysis of Indraprastha Gas 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.

Weekly Price action analysis of Indraprastha Gas 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.

Indraprastha Gas (IGL) Monthly technical analysis

Date Monthly Close Open Range Volume
21 Thu Jan 532.90 503.00 501.00
581.00
570.22 lakhs
31 Thu Dec 502.35 500.95 451.65
519.50
768.515 lakhs
27 Fri Nov 496.40 403.10 398.20
514.50
810.756 lakhs
30 Fri Oct 402.25 399.90 364.10
413.80
588.79 lakhs
30 Wed Sep 386.80 394.60 379.10
429.00
771.964 lakhs
monthly IGL chart

Monthly forecast of Indraprastha Gas is negative. Sellers dominated the stock this month, and might continue to dominate in coming days too.

Monthly Price action analysis of Indraprastha Gas 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.

Monthly Price action analysis of Indraprastha Gas 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.

Indraprastha Gas Daily stock price targets

  • Upside daily target: 583.88
  • Upside daily target: 553.51
  • Downside daily target: 522.85

Indraprastha Gas Weekly stock price targets

  • Upside weekly target: 576.58
  • Upside weekly target: 544.08
  • Downside weekly target: 512.2
  • Downside weekly target: 485.98
  • Downside weekly target: 458.6
  • Downside weekly target: 436.4

Indraprastha Gas Monthly stock price targets

  • Upside monthly target: 596.95
  • Upside monthly target: 563.6
  • Upside monthly target: 534.8
  • Downside monthly target: 498.25
  • Downside monthly target: 455.93
  • Downside monthly target: 432.88
  • Downside monthly target: 412.1
  • Downside monthly target: 389.8
  • Downside monthly target: 370.5

Indraprastha Gas (IGL) indicators technical 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.

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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 BUY signal in short term but buying is losing 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 551.67 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.

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chart IGL