Overall Technical outlook

Price Summary

A -2.72% slide in Indraprastha Gas Limited's stock marked an unimpressive day on the market.
On 2025-09-05, Indraprastha Gas Limited's stock began at 218.99, climbed to 218.99, dropped to 211.38, and had -2.72% to end at 213.03, with a volume of 1469860 shares.
The stock's highest price over the 52-week span is 558.55, while the lowest price is 156.32.
The expected price range is between 155.0 and 648.0, with a mean anticipated price of 234.8, according to 30 analysts.

Technicals

Support and Resistance: The price of 213.03 is supported at 205.42 and encounters resistance at 213.67. This suggests key levels where the price might find stability, with 205.42 providing a base and 213.67 acting as an upper boundary for IGL.
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Support/Resistance for IGL


Aroon: The AROON is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear.
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Aroon chart for Indraprastha Gas Limited


Bol. Bands: The recent decline below the upper Bollinger Band could signal a potential downward trend. This movement might indicate that the asset is losing bullish momentum and is overbought, suggesting that a correction is due. Traders often interpret this as an early warning of a reversal, making it a crucial point for reevaluating trading strategies and positions.
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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 STOCHASTIC is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move.
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Stochastic chart for Indraprastha Gas Limited


Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty.
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Tripple SMA chart for Indraprastha Gas Limited


When evaluating a company's technical data, such as stock price charts or volume, it is essential to first consider its fundamentals. These fundamentals include financial stability, growth potential, and competitive advantages. Additionally, understanding the broader industry in which the company operates offers context that helps to make sense of technical patterns. By examining both the company's internal strengths and external environment, one can make more accurate and meaningful conclusions about its stock performance.