Overall Technical outlook

Price Summary

Indraprastha Gas Limited's stock opened at 164.2 on 2026-03-02, surged to 168.49, hit a low of 164.2, and closed up 1.58% at 166.79, with 1604987 shares traded.
During the 52-week span, the stock hit a high of 227.98 and a low of 166.51.
According to 28 analysts, the price of IGL in the future is projected to be between 155.0 and 255.0, with an average expected price of 210.35715.

Technicals

Support and Resistance: The price of 166.79 is supported at 166.51 and encounters resistance at 174.14. This suggests key levels where the price might find stability, with 166.51 providing a base and 174.14 acting as an upper boundary for IGL.
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Support/Resistance for IGL


Aroon: The current reading of the AROON is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place.
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Aroon chart for Indraprastha Gas Limited


Bol. Bands: The current price has crossed above the lower Bollinger Band in the latest move, having previously been lower than the band. This upward movement might indicate a recovery from oversold conditions, suggesting that the bearish trend could be weakening. The crossover is a sign that the market may be transitioning to a more bullish or stabilized phase.
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Bolinger Bands chart for Indraprastha Gas Limited


Parabolic SAR: The PSAR continues to indicate a bullish outlook, establishing a key support level that could sustain the market's upward trend. This support suggests that the bullish momentum is likely to persist, offering a foundation for further growth.
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Parabolic Stop and Reverse chart for Indraprastha Gas Limited


Stochastic: The current state of the STOCHASTIC is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment.
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Stochastic chart for Indraprastha Gas Limited


Tripple Moving Agerage: A bullish trend is reflected in the alignment of the 20-50-100 period moving averages, though the slopes of the faster averages hint at a possible reversal. This weakening momentum suggests that while the overall trend is still upward, traders should be cautious of a potential shift in the near future.
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Tripple SMA chart for Indraprastha Gas Limited


A comprehensive approach to analyzing a company requires considering both its technical and fundamental aspects. The company's fundamentals, such as its earnings, growth prospects, and financial health, provide a strong foundation for understanding technical indicators. Additionally, examining the industry it operates in helps contextualize the company's position within the broader market. By integrating these factors, one can gain more valuable insights into the company's stock performance and potential investment opportunities.