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Stock analysis Indigo Paints Limited INDIGOPNTS

More indepth analysis on MunafaSutra.com

Moving Averages for Indigo Paints Limited

  • 5Day Average: 1478.92
  • 12Day Average: 1424.11
  • 20Day Average: 1401.85
  • 50Day Average: 1382.55
  • 100Day Average: 1373.7
  • 150Day Average: 1404.84
  • 200Day Average: 1421.94

INDIGOPNTS Indicators & signals

Indicator MACD (12,26,9)

1444.34, 1409.93, 16.67
Indicator MACD is in positive zone

Indicator ADX (14)

50.12, 37.33, 12.4
Indicator ADX is indicating that momentum is still strong.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 59
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of INDIGOPNTS Indigo Paints Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
12 Fri Jul 2024 1520.85 1506.00 to 1549.90 -2.32% 0.58 times
11 Thu Jul 2024 1557.00 1525.80 to 1588.00 1.22% 2.56 times
10 Wed Jul 2024 1538.20 1390.95 to 1560.00 10.65% 6.18 times
09 Tue Jul 2024 1390.10 1382.50 to 1396.50 0.12% 0.11 times
08 Mon Jul 2024 1388.45 1384.10 to 1409.45 -0.82% 0.12 times
05 Fri Jul 2024 1399.90 1372.65 to 1410.00 1.39% 0.12 times
04 Thu Jul 2024 1380.70 1358.50 to 1399.95 -0.5% 0.13 times
03 Wed Jul 2024 1387.60 1381.35 to 1406.05 -0.25% 0.16 times
02 Tue Jul 2024 1391.05 1385.45 to 1414.00 -0.65% 0.15 times
01 Mon Jul 2024 1400.10 1375.30 to 1410.00 1.97% 0.33 times
28 Fri Jun 2024 1373.00 1360.05 to 1382.00 0.78% 0.15 times
27 Thu Jun 2024 1362.40 1356.05 to 1379.25 -0.8% 0.11 times

Technical analysis forecast of Indigo Paints Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Indigo Paints Limited INDIGOPNTS at this time. Stock is rising and might rise more.

It appears as if Indigo Paints Limited INDIGOPNTS gave a large move recently.

Stock of Indigo Paints Limited (INDIGOPNTS) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Indigo Paints Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Indigo Paints Limited stays above 1479.2, but if it comes below 1479.2, then a intra day sell could be more profitable.
If you take a sell trade below 1479.2, then use 1479.2 as stoploss and 1420.23 as target. However if you take a buy trade in Indigo Paints Limited, then use 1479.2 as stoploss and 1549.9 as target.

More indepth analysis on MunafaSutra.com