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Technicals for InterGlobe Aviation Limited
By MusingTheNews
2025-07-16 20:40
Overall Technical outlook
Price Summary
On 2025-07-16, InterGlobe Aviation Limited's stock began at 5919.5, climbed to 5958.5, dropped to 5865.5, and had 0.52% to end at 5950.0, with a volume of 842066 shares. Over the past 52 weeks, the stock reached a maximum price of 5976.5 and a minimum price of 3848.8. Analysts expect the price of INDIGO to vary between 4050.0 and 7256.0, with an average expected price near 5990.091.
Technicals
Support and Resistance: The price sits at 5950.0, supported by 5748.0 and resisted by 5965.0. This indicates a trading range where 5748.0 provides a floor, preventing declines, and 5965.0 acts as a ceiling, limiting further price increases for INDIGO. Support/Resistance for INDIGO
Aroon: The AROON is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Aroon chart for InterGlobe Aviation Limited
Bol. Bands: The current reading of the BOLL BANDS 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. Bolinger Bands chart for InterGlobe Aviation Limited
Parabolic SAR: The PSAR continues to signal a bullish outlook, establishing a key support level that reinforces the market's upward momentum. This support could serve as a base for continued gains, suggesting that the bullish trend is likely to persist. Parabolic Stop and Reverse chart for InterGlobe Aviation Limited
Stochastic: The STOCHASTIC is showing a neutral stance, not indicating a clear upward or downward trend for InterGlobe Aviation Limited. This suggests a period of market balance, where neither side is showing dominance. Stochastic chart for InterGlobe Aviation Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned in a bearish pattern, signaling a downtrend. However, the slopes of the 20 and 50 SMAs are starting to waver, suggesting that the bearish momentum may be weakening. This could be an early sign of a potential bullish reversal for INDIGO, as the market's downward trajectory begins to lose strength and a possible shift towards more positive price action may occur soon. 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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