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2020 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
25 Fri Sep 403.25 399.40 407.35 397.85 23.24 lakhs
24 Thu Sep 393.25 405.00 405.00 388.30 36.82 lakhs
23 Wed Sep 407.65 411.25 416.80 402.85 18.23 lakhs
22 Tue Sep 410.75 414.00 415.20 398.00 41.01 lakhs
21 Mon Sep 415.20 416.90 429.00 412.10 59.39 lakhs
IGL chart

My analysis of stock is bearish for shortterm, and stock might move down till 394.1 or till 382.1. Use a stoploss of 404.06 and if the stock hits stoploss, then it can shoot up till 414.03

  • 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 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 mid term time period is

Intraday technical analysis of Indraprastha Gas

Stock is trading at 405.35 as on 28 Mon Sep 12:30

Day open is at 406.45, day high is at 409.50, day low is at 398.20, and day volume is at 483.15 lakhs so far.

First 15 minute high low range is 398.20 - 408.00

First hour high low range is 398.20 - 408.00

Date Intraday Price Open High Low Volume
28 Mon Sep 12:30 405.35 406.45 409.50 398.20 1901368
28 Mon Sep 12:25 406.10 406.45 409.50 398.20 1848419
28 Mon Sep 12:20 406.85 406.45 409.50 398.20 1841599
28 Mon Sep 12:15 406.85 406.45 409.50 398.20 1825090
28 Mon Sep 12:10 406.50 406.45 409.50 398.20 1818214
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: 403.1 or 403.95
  • Upside target: 408
  • Downside target : 388.4
  • Second Upside target: 410.05
  • Second Downside target : 400.55

Indraprastha Gas (IGL) weekly technical analysis

Date Weekly Close Open Range Volume
25 Fri Sep 403.25 416.90 388.30
429.00
178.695 lakhs
18 Fri Sep 420.00 405.10 402.80
426.00
277.284 lakhs
11 Fri Sep 403.15 401.00 379.10
405.00
111.133 lakhs
04 Fri Sep 400.80 414.45 387.00
416.00
152.568 lakhs
28 Fri Aug 410.75 419.00 403.00
423.05
217.041 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Weekly Price action analysis of Indraprastha Gas based on a short to mid 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.

Indraprastha Gas (IGL) Monthly technical analysis

Date Monthly Close Open Range Volume
25 Fri Sep 403.25 394.60 379.10
429.00
668.659 lakhs
31 Mon Aug 394.45 403.55 381.00
423.05
891.233 lakhs
31 Fri Jul 403.70 443.50 395.50
453.70
950.176 lakhs
30 Tue Jun 442.30 467.00 428.65
520.00
1000.697 lakhs
29 Fri May 472.10 463.05 439.60
500.00
797.306 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on 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: 429.15
  • Upside daily target: 407.54
  • Downside daily target: 382.43

Indraprastha Gas Weekly stock price targets

  • Upside weekly target: 437.7
  • Upside weekly target: 416.13
  • Downside weekly target: 396.1
  • Downside weekly target: 376.9

Indraprastha Gas Monthly stock price targets

  • Upside monthly target: 571.6
  • Upside monthly target: 534.8
  • Upside monthly target: 489.3
  • Upside monthly target: 460.95
  • Upside monthly target: 428.7
  • Downside monthly target: 394.88
  • Downside monthly target: 370.5
  • Downside monthly target: 249.13

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 Strong and stock is losing momentum.

MACD generated a SELL signal for Indraprastha Gas in short term and the sell signal is strong.

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 moving up

CCI has generated a buy signal for Indraprastha Gas in short term but BUY signal is weak.

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 413.75 and Indraprastha Gas IGL stock is trading below this level. This means that stock is falling with high volumes. 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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chart IGL