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Technicals for Indraprastha Gas Limited
By MusingTheNews
2025-10-17 20:40
Overall Technical outlook
Price Summary
Indraprastha Gas Limited's shares tumbled -2.55% today, reflecting a poor day on the market. On 2025-10-17, IGL's stock started at 213.67, reached a high of 216.38, fell to 207.59, and ended -2.55% lower at 208.23, with 2291381 shares traded. The stock's highest value over the last 52 weeks is 451.7, and the lowest value is 156.32. Based on recommendations from 29 analysts, the future price of IGL is expected to range from 155.0 to 270.0, with an average price expectation around 220.96552.
Technicals
Support and Resistance: The current price of 208.23 for IGL finds support at 205.42 and resistance at 213.67. These levels define a range in which the price might oscillate, with 205.42 as a potential support and 213.67 as a resistance level. Support/Resistance for IGL
Aroon: The AROON 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. Aroon chart for Indraprastha Gas Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Bolinger Bands chart for Indraprastha Gas Limited
Parabolic SAR: The PSAR for IGL has shifted from bullish to bearish, hinting at a possible market reversal. If supported by other trends, this could be a very bearish signal. Traders should consider this development carefully and seek additional confirmation before making decisions. Parabolic Stop and Reverse chart for Indraprastha Gas Limited
Stochastic: The STOCHASTIC is currently in a neutral position for Indraprastha Gas Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Stochastic chart for Indraprastha Gas Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG is neutral for IGL, 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. Tripple SMA chart for Indraprastha Gas 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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