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Stock analysis Indraprastha Gas Limited IGL

More indepth analysis on MunafaSutra.com

Moving Averages for Indraprastha Gas Limited

  • 5Day Average: 453.93
  • 12Day Average: 456.67
  • 20Day Average: 441.5
  • 50Day Average: 436.26
  • 100Day Average: 425.96
  • 150Day Average: 427.57
  • 200Day Average: 437.11

IGL Indicators & signals

Indicator MACD (12,26,9)

450.93, 443.72, 8.1
Indicator MACD is in positive zone

Indicator ADX (14)

1.13, 24.71, 24.15
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 45
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of IGL Indraprastha Gas Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
19 Fri Apr 2024 436.20 432.15 to 448.60 -0.25% 1.2 times
18 Thu Apr 2024 437.30 435.35 to 470.35 -5.49% 1.05 times
16 Tue Apr 2024 462.70 461.50 to 474.20 -1.63% 0.51 times
15 Mon Apr 2024 470.35 455.00 to 489.00 1.57% 2.28 times
12 Fri Apr 2024 463.10 461.90 to 476.00 -2.92% 0.53 times
10 Wed Apr 2024 477.05 474.75 to 482.70 0.26% 0.69 times
09 Tue Apr 2024 475.80 469.15 to 479.00 0.09% 0.33 times
08 Mon Apr 2024 475.35 458.10 to 482.00 3.31% 1.33 times
05 Fri Apr 2024 460.10 436.05 to 469.00 5.26% 2.44 times
04 Thu Apr 2024 437.10 434.50 to 445.00 -0.96% 0.49 times
03 Wed Apr 2024 441.35 436.35 to 447.90 -0.52% 0.34 times
02 Tue Apr 2024 443.65 440.35 to 447.95 0.75% 0.43 times

Technical analysis forecast for Indraprastha Gas Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Indraprastha Gas Limited IGL at this time. Stock is falling and might fall more.

It appears as if Indraprastha Gas Limited IGL gave a large move recently.

Stock of Indraprastha Gas Limited (IGL) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Indraprastha Gas Limited is bearish for shortterm, and stock might move down till 422.9 or till 394.7. Use a stoploss of 446.38 and if the stock hits stoploss, then it can shoot up till 469.85

More indepth analysis on MunafaSutra.com