Overall Technical outlook

Price Summary

On 2025-06-13, Indraprastha Gas Limited's stock started at 199.0, soared to 199.55, dropped to 193.12, and finished the day -0.06% lower at 198.88, with a trading volume of 8774861 shares.
The stock's peak price over the last 52 weeks is 558.55, with the lowest being 156.32.
The future price of IGL is anticipated to range from 144.0 to 648.0, with an expected mean price of 224.7, according to the recommendations of 30 analysts.

Technicals

Support and Resistance: The price of 198.88 is supported at 198.68 and faces resistance at 220.68. This range suggests key levels for IGL where the price may stabilize, with 198.68 acting as a support and 220.68 as a cap on gains.
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Support/Resistance for IGL


Aroon: The AROON indicator reflects a strong bearish trend, with Aroon Down rising and the Aroon Oscillator staying depressed for IGL. This suggests a continuation of the downward trend, indicating that bearish momentum remains strong. The persistent low reading of the Aroon Oscillator underscores the likelihood of further declines.
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Aroon chart for Indraprastha Gas Limited


Bol. Bands: The price has fallen below the lower Bollinger Band and has remained there since the previous move, suggesting a strong bearish trend for IGL. This sustained position below the band may indicate that the market is oversold, with downward pressure dominating the current trading environment. The persistent stay in this zone could signal further declines unless a reversal occurs, making it a key point for traders to watch closely.
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Bolinger Bands chart for Indraprastha Gas Limited


Parabolic SAR: The PSAR continues to signal a bearish outlook, setting a significant resistance level. This resistance could limit upward momentum, indicating that the market may struggle to overcome this bearish pressure in the near term.
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Parabolic Stop and Reverse chart for Indraprastha Gas Limited


Stochastic: The STOCHASTIC is in a neutral stance for IGL, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand.
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Stochastic chart for Indraprastha Gas Limited


Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation.
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Tripple SMA chart for Indraprastha Gas Limited


In order to draw meaningful inferences from a company's technical data, it is essential to first consider its fundamentals. This includes reviewing financial metrics like revenue, profit margins, and debt-to-equity ratios. Additionally, understanding the broader industry landscape, including market trends and competitive pressures, is crucial. By integrating these insights with the company's technical performance, such as stock price fluctuations and trading volume, one can make more informed investment decisions.