Stock analysis Indraprastha Gas Limited IGL
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Recent prices of IGL Indraprastha Gas Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 08 Thu Jun 2023 | 462.30 | 461.40 to 470.95 | -1.21% | 0.71 times |
| 07 Wed Jun 2023 | 467.95 | 463.30 to 468.60 | 1.13% | 0.54 times |
| 06 Tue Jun 2023 | 462.70 | 459.15 to 467.15 | -0.18% | 0.73 times |
| 05 Mon Jun 2023 | 463.55 | 457.15 to 464.50 | 0.94% | 0.76 times |
| 02 Fri Jun 2023 | 459.25 | 458.00 to 474.15 | -2.65% | 1.36 times |
| 01 Thu Jun 2023 | 471.75 | 468.15 to 476.40 | -1.84% | 1.58 times |
| 31 Wed May 2023 | 480.60 | 477.05 to 484.70 | 0.32% | 1.14 times |
| 30 Tue May 2023 | 479.05 | 478.05 to 484.50 | -0.35% | 0.68 times |
| 29 Mon May 2023 | 480.75 | 479.00 to 484.65 | 0.15% | 0.81 times |
| 26 Fri May 2023 | 480.05 | 475.00 to 483.75 | -0.04% | 1.02 times |
| 25 Thu May 2023 | 480.25 | 477.05 to 488.95 | 0.17% | 1.38 times |
| 24 Wed May 2023 | 479.45 | 476.30 to 487.35 | 0.32% | 0.79 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, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Indraprastha Gas Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Indraprastha Gas Limited stays below 464.7, but if it comes above 464.7, then a intra day buy could be more profitable.
If you take a sell trade below 464.7, then use 464.7 as stoploss and 453.8 as target. However if you take a buy trade in Indraprastha Gas Limited, then use 464.7 as stoploss and 473.89 as target.