The Alaska Summit on August 15, 2025, is anticipated to significantly influence...
Technicals for Indraprastha Gas Limited
By MusingTheNews
2025-08-15 20:40
Overall Technical outlook
Price Summary
On 2025-08-14, Indraprastha Gas Limited's stock began at 206.31, climbed to 207.33, dropped to 203.35, and had -1.08% to end at 204.09, with a volume of 858480 shares. Over the past 52 weeks, the stock reached a maximum price of 558.55 and a minimum price of 156.32. The future price of IGL is projected to range from 155.0 to 648.0, with an average expected price of 234.8, according to 30 analysts.
Technicals
Support and Resistance: The price sits at 204.09, supported by 201.4 and resisted by 213.67. This indicates a trading range where 201.4 provides a floor, preventing declines, and 213.67 acts as a ceiling, limiting further price increases for IGL. Support/Resistance for IGL
Aroon: The current state of the AROON is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Aroon chart for Indraprastha Gas Limited
Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Bolinger Bands chart for Indraprastha Gas Limited
Parabolic SAR: The PSAR remains bearish, establishing a resistance level that could cap any potential upward trends. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult to achieve significant gains for IGL. Parabolic Stop and Reverse chart for Indraprastha Gas Limited
Stochastic: The STOCHASTIC is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Stochastic chart for Indraprastha Gas 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 Indraprastha Gas Limited
To derive valuable insights from a company's technical performance, it is essential to first understand its fundamentals. This includes its financial health, business model, and market share. Equally important is the industry context, such as competition, consumer demand, and market trends. By examining these aspects together, investors can gain a more comprehensive view of how the company's stock behaves and whether it's aligned with its underlying value.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
The article discusses how AI technologies are leveraging digital footprints to provide...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.