Overall Technical outlook

Price Summary

On 2025-07-16, INDIGOPNTS's stock started at 1200.6, reached a high of 1207.5, fell to 1199.8, and ended -0.02% lower at 1200.3, with 18351 shares traded.
The stock reached its highest price of 1683.0 and its lowest price of 930.0 during the 52-week period.
The anticipated price is forecasted to be between 1000.0 and 1625.0, with an average price expectation of 1212.5, based on input from 8 analysts.

Technicals

Support and Resistance: The price of 1200.3 is supported at 1101.2 and capped by resistance at 1227.15. These levels mark key points for Indigo Paints Limited where the price could find stability, with 1101.2 as a floor and 1227.15 as a ceiling.
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Support/Resistance for INDIGOPNTS


Aroon: The AROON is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for INDIGOPNTS, with no strong trend emerging.
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Aroon chart for Indigo Paints Limited


Bol. Bands: The current state of the BOLL BANDS 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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Bolinger Bands chart for Indigo Paints Limited


Parabolic SAR: The PSAR continues to indicate a bullish outlook, setting a crucial support level. This strong support could bolster the ongoing upward trend, suggesting that the market may remain in a positive trajectory. Investors may view this as a sign of sustained bullish momentum.
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Parabolic Stop and Reverse chart for Indigo Paints 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 Indigo Paints Limited


Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages suggests a bearish trend, but the weakening slopes of the 20 and 50 SMAs hint at a potential shift. This wavering could indicate that the bearish momentum is slowing down, possibly leading to a reversal towards bullish price action. Investors should watch for signs of a trend change as the market might be gearing up for a new upward move.
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Tripple SMA chart for Indigo Paints Limited


The technical analysis of a company's stock performance is valuable, but only when considered in conjunction with the company's fundamentals. These fundamentals, including financial strength, earnings growth, and leadership, provide a foundation for understanding market movements. Additionally, industry trends and competitive pressures play an important role. By integrating both fundamental and technical analysis, one can better evaluate the company's true potential and make more informed investment decisions.