Advertisement

Meyka AI - Contribute to AI-powered stock and crypto research platform
Meyka Stock Market API - Real-time financial data and AI insights for developers
Advertise on Meyka - Reach investors and traders across 10 global markets
Loading...

Indigo Paints Limited

INDIGOPNTS.BO•BSE
Basic Materials
Chemicals - Specialty
₹948.20
₹-0.75(-0.08%)
Indian Market opens in 6h 28m

Indigo Paints Limited (INDIGOPNTS.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Indigo Paints Limited (BSE:INDIGOPNTS.BO).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

INDIGOPNTS.BO Technical Analysis Summary

Indigo Paints Limited stock currently shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bullish to Strongly Bullish (RSI: 27.89)
Trend Strength:Moderate (ADX: 23.52)
Volatility:Medium (ATR: 31.16)
Support/Resistance:$930.19 – $1063.41 (Bollinger Bands)

Technical conditions suggest Indigo Paints Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 27.89

Bullish
Oversold, buying opportunity potential.

Stochastic %K: 8.75

Bullish
Oversold zone signals rebound potential.

Williams %R: -91.92

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -6.18

Strongly Bearish
Sharp downside momentum.

Takeaway:Indigo Paints Limited shows oversold momentum, with rebound potential building.

Trend & Volatility

MACD: -44.62

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 23.52

Moderate
Moderate trend, direction gaining strength.

ATR (14): 31.16

Rising
Rising volatility, market activity increasing.

CCI (14): -91.83

Bearish
Bearish, momentum remains under pressure.

Takeaway:Indigo Paints Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1063.41
Middle Band (SMA 20)
$996.80
Lower Band
$930.19
Current Position
Within Bands

Takeaway:Indigo Paints Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$1063.72
Middle Line (EMA 20)
$1001.40
Lower Channel
$939.07
Squeeze Status
No Squeeze

Takeaway:Indigo Paints Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-65.96K
Money Flow Index38.35Bearish, selling pressure outweighs inflows.
Relative Vigor Index34.51Bearish, price momentum favors sellers.

Overall Takeaway:INDIGOPNTS.BO shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Indigo Paints Limited, here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Indigo Paints Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

Technical Analysis FAQ