Overall Technical outlook

Price Summary

On 2025-05-30, INDIGOPNTS's stock opened at 1060.0, reached a peak of 1100.0, dropped to 1056.95, and ended 1.83% higher at 1079.45, with a volume of 177327 shares.
The highest price the stock achieved in the past 52 weeks is 1683.0, while the lowest price it saw is 930.0.
8 analysts forecast that the price of INDIGOPNTS will range from 1000.0 to 1819.0, with an average expected price near 1285.625.

Technicals

Support and Resistance: The current price is 1079.45, with support at 1060.55 and resistance at 1195.25. This range suggests that the price might move between these levels, with 1060.55 offering support and 1195.25 capping further gains for Indigo Paints Limited.
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Support/Resistance for INDIGOPNTS


Aroon: Aroon's bullish trend remains intact, with Aroon Up at the 100 level. This indicates strong market momentum, but a more comprehensive analysis using other indicators is required to assess the trend's strength and potential for continuation.
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Aroon chart for Indigo Paints Limited


Bol. Bands: The BOLL BANDS is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play.
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Bolinger Bands chart for Indigo Paints Limited


Parabolic SAR: The PSAR maintains its bullish stance, setting a significant support level that could help sustain the market's upward movement. This strong support suggests that Indigo Paints Limited is likely to continue trending higher, providing investors with confidence in the ongoing bullish momentum.
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Parabolic Stop and Reverse chart for Indigo Paints Limited


Stochastic: The K-line has dropped below the D-line on the stochastic indicator while staying above 80, suggesting that a bearish price move may be beginning. This pattern indicates that the market's upward momentum is weakening, potentially leading to a reversal. Investors should stay alert for additional signs of a downturn.
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Stochastic chart for Indigo Paints Limited


Tripple Moving Agerage: The current reading of the Tripple MOVING AVG is neutral for INDIGOPNTS, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction.
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Tripple SMA chart for Indigo Paints Limited


A company's technical data, including stock price and trading volume, can provide valuable insights when considered alongside its fundamentals. These include financial performance, market share, and growth strategy, as well as broader industry dynamics. Examining these factors helps investors or analysts make more informed decisions, as the company's fundamentals offer context for understanding how and why certain technical patterns may emerge in the market.