Indraprastha Gas share price Today Live Updates : Indraprastha Gas shares drop in trading today

As per the Technical Analysis, short term trend of Indraprastha Gas share is Bearish and long term trend is Bullish

The trading volume of Indraprastha Gas until 2 PM is 37.64% higher than yesterday, while the price is currently at ₹439.9, showing a decrease of -0.63%. The volume traded, along with the price, is a crucial factor in analyzing trends. A rise in price with increased volume indicates a sustainable upward trend, whereas a drop in price with higher volume could signal further price declines.

The stock price has been moving between 442.32 and 437.87 levels in the last hour. Traders may consider rangebound trading strategies by buying near hourly support at 437.87 and selling near hourly resistance at 442.32.
The hourly support and resistance levels to watch out in the next hour are mentioned below.

The analyst recommendation trend is shown below with the current rating as Hold.

Indraprastha Gas share price is at ₹441.3 and is still trading between the key support and resistance levels of ₹436.78 and ₹453.98 on a daily timeframe. If it crosses the support of ₹436.78 then we can expect a further bearish movement. On the other hand if the price crosses 453.98 then it will lead to a bullish movement.

The volume of Indraprastha Gas traded by 1 PM is 69.27% ​​higher than yesterday, with the price at ₹442.5, showing a slight increase of -0.05%. Volume traded is a crucial factor to analyze trends, along with price. A positive price movement accompanied by higher volume indicates a sustainable upward trend, while a negative price movement with higher volume could signal further price declines.

The stock price has been moving between 443.68 and 437.33 levels in the last hour. Traders could consider rangebound trading strategies by purchasing near the hourly support level of 437.33 and selling near the hourly resistance level of 443.68.
The hourly support and resistance levels to watch out in the next hour are mentioned below.

The decrease in futures price and increase in open interest for Indraprastha Gas indicate a potential for negative price movement in the near future. Traders may consider maintaining their short positions.

Indraprastha Gas stock’s low price today was ₹435.85 and the high price reached was ₹451.45.

The volume of Indraprastha Gas traded until 12 AM is 103.55% higher than yesterday, with the price trading at ₹439.55, a decrease of -0.71%. Volume traded, along with price, is a key indicator for analyzing trends. A positive price movement accompanied by increased volume indicates a sustainable upward trend, while a negative price movement with higher volume could signal a further decline in prices.

The stock price has been moving between 442.62 and 435.47 levels in the last hour. Traders could think about using rangebound trading strategies by buying near the hourly support at 435.47 and selling near the hourly resistance at 442.62.
The hourly support and resistance levels to watch out in the next hour are mentioned below.

As per the Technical Analysis, short term trend of Indraprastha Gas share is Bearish and long term trend is Bullish

Indraprastha Gas share price is at ₹437.75 and is still trading between the key support and resistance levels of ₹436.78 and ₹453.98 on a daily timeframe. If it crosses the support of ₹436.78 then we can expect a further bearish movement. On the other hand if the price crosses 453.98 then it will lead to a bullish movement.

The volume of Indraprastha Gas traded by 11 AM is 46.01% higher than yesterday, while the price is currently at ₹437.5, a decrease of -1.17%. Volume traded, in conjunction with price, is a key indicator for trend analysis. A positive price trend accompanied by increased volume indicates a sustainable upward movement, whereas a negative price trend with higher volume may signal a potential further price decline.

Indraprastha Gas reached a peak of 445.0 and a trough of 437.85 during the previous trading hour. In the last hour, the stock price dipped below the hourly support of 440.78 (Support level 1), suggesting a bearish sentiment. Traders may consider decreasing long positions and monitoring for additional support at 436.87 and 431.53.
The hourly support and resistance levels to watch out in the next hour are mentioned below.

The stock traded in the range of ₹451.45 & ₹439.45 yesterday to end at ₹442.7. Following a strong uptrend, the stock is indicating signs of a reversal.