Overall Technical outlook

Price Summary

On 2026-01-30, Indigo Paints Limited's stock started at 1035.9, soared to 1059.9, dropped to 1022.0, and finished the day 0.82% higher at 1044.4, with a trading volume of 36467 shares.
For the 52-week period, the stock's highest price is 1326.0, and the lowest price is 930.0.
INDIGOPNTS's future price is expected to lie between 970.0 and 1505.0, with an average expectation of 1235.1111, as per the recommendations of 9 analysts.

Technicals

Support and Resistance: The current price of 1044.4 for INDIGOPNTS finds support at 1043.3 and resistance at 1078.8. These levels define a range in which the price might oscillate, with 1043.3 as a potential support and 1078.8 as a resistance level.
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Support/Resistance for INDIGOPNTS


Aroon: The AROON is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging.
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Aroon chart for Indigo Paints Limited


Bol. Bands: The BOLL BANDS is showing a neutral stance, with no definitive indication of an upward or downward trend for INDIGOPNTS. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move.
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Bolinger Bands chart for Indigo Paints Limited


Parabolic SAR: The PSAR maintains its bearish stance, establishing a resistance level that could cap any attempts at upward movement. This persistent bearish outlook suggests that the market may continue to face downward pressure, with resistance preventing significant gains.
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Parabolic Stop and Reverse chart for Indigo Paints Limited


Stochastic: With the Stochastic K-line below the D-line and under 20, the market shows a mildly bearish trend. This setup suggests possible downward movement, though the bearish sentiment is relatively mild. Traders should keep this in mind and watch for further developments.
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Stochastic chart for Indigo Paints Limited


Tripple Moving Agerage: The Tripple MOVING AVG 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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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.