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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
02 Thu Jul 444.60 442.65 447.95 440.00 27.64 lakhs
01 Wed Jul 438.70 443.50 445.95 437.25 21.08 lakhs
30 Tue Jun 442.30 447.95 451.50 441.20 22.72 lakhs
29 Mon Jun 444.45 441.65 448.00 437.00 27.06 lakhs
26 Fri Jun 442.10 448.90 450.80 439.20 32.46 lakhs
IGL chart

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 443 as stoploss in an intra day buy trade for a target of 458.45. However, stock will show a bearish move below 443.

  • Daily Price action analysis of 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.

  • 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Intraday technical analysis of Indraprastha Gas

Stock is trading at 444.60 as on 02 Thu Jul 15:33

Day open is at 442.65, day high is at 447.95, day low is at 440.00, and day volume is at 1111.87 lakhs so far.

First 15 minute high low range is 440.00 - 443.95

First hour high low range is 440.00 - 443.95

Date Intraday Price Open High Low Volume
02 Thu Jul 15:33 444.60 442.65 447.95 440.00 2760205
02 Thu Jul 15:30 444.55 442.65 447.95 440.00 2760205
02 Thu Jul 15:25 444.35 442.65 447.95 440.00 2698350
02 Thu Jul 15:20 444.85 442.65 447.95 440.00 2661560
02 Thu Jul 15:15 444.85 442.65 447.95 440.00 2601110
Intraday IGL chart

Prices of Indraprastha Gas are definitely rising in intraday. Look for buy opportunities.

Take a trade after 9:30am only.

Indraprastha Gas (IGL) intraday stock price targets

  • EntEntry: 441.98 or 445.125
  • Upside target: 443.95
  • Downside target : 436.05
  • Second Upside target: 450.25
  • Second Downside target : 442.3

Indraprastha Gas (IGL) weekly technical analysis

Date Weekly Close Open Range Volume
02 Thu Jul 444.60 441.65 437.00
451.50
98.492 lakhs
26 Fri Jun 442.10 447.00 428.65
464.00
238.427 lakhs
19 Fri Jun 447.65 482.00 443.30
485.90
246.889 lakhs
12 Fri Jun 482.00 495.50 456.35
496.70
213.534 lakhs
05 Fri Jun 488.75 467.00 462.00
520.00
252.077 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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
02 Thu Jul 444.60 443.50 437.25
447.95
48.722 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
30 Thu Apr 476.65 395.00 377.05
485.00
594.112 lakhs
31 Tue Mar 387.95 454.00 284.05
457.80
730.769 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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: 458.38
  • Downside daily target: 434.85

Indraprastha Gas Weekly stock price targets

  • Upside weekly target: 533.38
  • Upside weekly target: 505.15
  • Upside weekly target: 478.3
  • Upside weekly target: 455.3
  • Downside weekly target: 432.63

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
  • Downside monthly target: 426.85
  • Downside monthly target: 398.95
  • Downside monthly target: 367.05
  • 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 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 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 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 weakening, and bulls are picking up momentum!

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 and selling is picking up momentum.

MRSI is in negative zone. This is the SELL 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 445.43 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 negative.

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