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Technicals for InterGlobe Aviation Limited
By MusingTheNews
2025-09-05 20:33
Overall Technical outlook
Price Summary
On 2025-09-05, InterGlobe Aviation Limited's stock started at 5705.0, soared to 5710.0, dropped to 5637.0, and finished the day -0.61% down at 5670.0, with a trading volume of 820780 shares. Over the previous 52 weeks, the stock reached a high of 6155.5 and a low of 3848.8. The price outlook for INDIGO is between 4050.0 and 7256.0, with an average expectation of 6359.1665, as estimated by 24 analysts.
Technicals
Support and Resistance: The current price of 5670.0 is supported at 5531.5, with resistance at 5748.0. This suggests that the price for INDIGO might remain between these levels, where 5531.5 acts as a floor and 5748.0 as a ceiling in the market. Support/Resistance for INDIGO
Aroon: The current reading of the AROON is neutral for INDIGO, 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. Aroon chart for InterGlobe Aviation Limited
Bol. Bands: The BOLL BANDS is showing a neutral stance, with no definitive indication of an upward or downward trend for INDIGO. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Bolinger Bands chart for InterGlobe Aviation Limited
Parabolic SAR: The PSAR for INDIGO continues to signal a bearish stance, reinforcing a resistance level that could restrict upward movement. This resistance suggests that the market may remain under bearish pressure, with limited potential for breaking higher. Parabolic Stop and Reverse chart for InterGlobe Aviation Limited
Stochastic: The stochastic indicator reflects a bullish signal as the K-line crosses above the D-line and remains below 20, hinting at the beginning of a bullish move. This setup suggests that the market may be starting to rise from a low point, potentially leading to gains. Traders could consider this a favorable entry point for INDIGO. Stochastic chart for InterGlobe Aviation Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Tripple SMA chart for InterGlobe Aviation 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.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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