Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(IGPL) Ig Petrochemicals complete technical analysis [charts+indicators] | Buy/Sell Ig Petrochemicals | (IGPL) share price targets

Complete technical analysis of Ig Petrochemicals (IGPL) by charts plus indicators, forecast predictions and share price targets for Ig Petrochemicals (IGPL)

Ig Petrochemicals trades in NSE in Commodity Chemicals sector.

Showing technical analysis as on 2024-03-27 View latest technical analysis

10 day averaged volume of Ig Petrochemicals is 62145

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	447.30	449.00	455.65	440.35	1.404 times
26 Tue Mar 2024	445.95	432.00	460.15	432.00	2.217 times
22 Fri Mar 2024	431.65	427.40	441.00	420.80	1.112 times
21 Thu Mar 2024	427.40	414.95	428.10	414.95	1.131 times
20 Wed Mar 2024	412.45	418.50	419.40	402.50	0.75 times
19 Tue Mar 2024	416.40	424.00	425.55	414.95	0.587 times
18 Mon Mar 2024	424.50	422.00	428.25	419.00	0.42 times
15 Fri Mar 2024	419.00	420.00	430.80	414.35	0.668 times
14 Thu Mar 2024	419.90	414.80	424.75	407.00	0.625 times
13 Wed Mar 2024	414.80	425.70	427.65	410.00	1.458 times

My analysis of stock is bullish for shortterm, and stock might move up till 460.1 or till 483.9. Use a stoploss of 440.18 and if this stock hits its stoploss, then it can fall down till 420.31

Share price targets for Ig Petrochemicals (IGPL)

Target Type	Value
Downside Target	402.50
Downside Target	426.55
Upside Target	460.15
Upside Target	467.80
Upside Target	476.30
Upside Target	477.00
Upside Target	480.25
Upside Target	491.10
Upside Target	515.05
Upside Target	537.70

Intraday share price targets for Ig Petrochemicals (IGPL)

Target Type	Value
Downside Intraday Target	432.82
Downside Intraday Target	418.33
Upside Intraday Target	460.97
Upside Intraday Target	474.63
Downside Intraday Target	446.48

Weekly technical analysis of Ig Petrochemicals (IGPL)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	447.30	432.00	460.15	432.00	0.906 times
22 Fri Mar 2024	431.65	422.00	441.00	402.50	0.888 times
15 Fri Mar 2024	419.00	443.00	443.00	407.00	1.351 times
07 Thu Mar 2024	440.75	465.05	477.00	439.05	1.694 times
02 Sat Mar 2024	470.00	479.50	480.25	455.00	0.648 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Ig Petrochemicals (IGPL)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	447.30	460.75	477.00	402.50	0.997 times
29 Thu Feb 2024	460.75	502.00	515.05	451.00	0.604 times
31 Wed Jan 2024	500.20	469.35	537.70	467.80	1.782 times
29 Fri Dec 2023	468.40	448.60	476.30	438.00	1.247 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Ig Petrochemicals (IGPL)

Price action analysis of Ig Petrochemicals ( (IGPL) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Ig Petrochemicals ( (IGPL) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Ig Petrochemicals ( (IGPL) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Ig Petrochemicals stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Ig Petrochemicals in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Ig Petrochemicals Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Ig Petrochemicals in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Ig Petrochemicals is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 429.93 and Ig Petrochemicals (IGPL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Ig Petrochemicals (IGPL) stock. Volume based technical analysis of Ig Petrochemicals (IGPL) stock is negative.

Ig Petrochemicals Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.