Daily Analysis on

IGL

IGL (Indraprastha Gas Ltd) – Daily Chart Technical View On the daily chart, IGL formed a strong bullish candle with the stock opening at ₹213.25, hitting a high of ₹218.20, a low of ₹212.20, and closing at ₹216.85. The price has broken above its key moving averages, supported by Parabolic SAR shifting below the candles, indicating a positive trend reversal. RSI at 64 suggests healthy bullish momentum without being overbought, while MACD is turning positive, adding to the strength. In the near term, support lies at ₹208–210, while resistance is seen at ₹220–222 and further at ₹227–230. As long as the stock sustains above ₹210, a move toward higher levels remains likely, making any dip a potential buying opportunity.