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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
09 Fri Apr 542.50 530.10 544.90 528.00 46.73 lakhs
08 Thu Apr 525.85 507.50 527.70 507.50 30.18 lakhs
07 Wed Apr 505.15 504.00 509.00 501.70 14.48 lakhs
06 Tue Apr 504.25 507.30 514.10 500.25 20.29 lakhs
05 Mon Apr 504.75 525.75 525.75 502.25 20.59 lakhs
IGL chart

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 534.3, for a target of 522.4 or 512.54

  • Daily Price action analysis of IGL based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

  • Daily Price action analysis of IGL based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

  • Daily Price action analysis of IGL based on a mid term time period is

Intraday technical analysis of Indraprastha Gas

Stock is trading at 503.85 as on 12 Mon Apr 13:00

Day open is at 529.95, day high is at 530.30, day low is at 499.00, and day volume is at 534.93 lakhs so far.

First 15 minute high low range is 515.00 - 530.30

First hour high low range is 502.60 - 530.30

Date Intraday Price Open High Low Volume
12 Mon Apr 13:00 503.85 529.95 530.30 499.00 1707113
12 Mon Apr 12:55 503.75 529.95 530.30 499.00 1686552
12 Mon Apr 12:50 505.95 529.95 530.30 499.00 1671369
12 Mon Apr 12:45 507.05 529.95 530.30 499.00 1652380
12 Mon Apr 12:40 505.85 529.95 530.30 499.00 1632594
Intraday IGL chart

Trend of Indraprastha Gas is not defined as of yet. Wait for entry and exit levels given below.

Take a trade after 9:30am only.

Indraprastha Gas (IGL) intraday stock price targets

  • EntEntry: 522.65 or 540.075
  • Upside target: 530.3
  • Downside target : 499.7
  • Second Upside target: 552.15
  • Second Downside target : 535.25

Indraprastha Gas (IGL) weekly technical analysis

Date Weekly Close Open Range Volume
09 Fri Apr 542.50 525.75 500.25
544.90
132.266 lakhs
01 Thu Apr 526.45 510.00 505.50
527.80
69.633 lakhs
26 Fri Mar 503.65 513.50 497.15
529.50
116.064 lakhs
19 Fri Mar 511.20 511.50 483.05
518.40
102.728 lakhs
12 Fri Mar 508.95 527.00 506.90
535.50
84.27 lakhs
weekly IGL chart

Weekly forecast of Indraprastha Gas is positive. Buyers dominated the stock this week, and this trend might continue for a few days

Weekly Price action analysis of Indraprastha Gas based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Weekly Price action analysis of Indraprastha Gas based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Indraprastha Gas (IGL) Monthly technical analysis

Date Monthly Close Open Range Volume
09 Fri Apr 542.50 519.60 500.25
544.90
157.06 lakhs
31 Wed Mar 512.35 494.00 483.05
539.00
584.657 lakhs
26 Fri Feb 491.95 515.85 487.00
594.85
746.383 lakhs
29 Fri Jan 515.80 503.00 501.00
581.00
690.408 lakhs
31 Thu Dec 502.35 500.95 451.65
519.50
768.515 lakhs
monthly IGL chart

Monthly forecast of Indraprastha Gas is positive. Buyers dominated the stock this month, and this trend might continue for a few days

Monthly Price action analysis of Indraprastha Gas based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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: 552.15
  • Downside daily target: 524.43
  • Downside daily target: 495.33

Indraprastha Gas Weekly stock price targets

  • Upside weekly target: 587.23
  • Upside weekly target: 555.15
  • Downside weekly target: 524.73
  • Downside weekly target: 498.93
  • Downside weekly target: 460.48

Indraprastha Gas Monthly stock price targets

  • Upside monthly target: 588.4
  • Upside monthly target: 553.65
  • Downside monthly target: 521.38
  • Downside monthly target: 480.9
  • Downside monthly target: 447.3
  • Downside monthly target: 412.1
  • Downside monthly target: 383.18
  • Downside monthly target: 358

Indraprastha Gas (IGL) indicators technical analysis

Price action analysis of Indraprastha Gas (IGL) based on a short 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls 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 moving up

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

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Indraprastha Gas is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 518.23 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.

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