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(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 2024-10-18 View latest technical analysis

10 day averaged volume of Ig Petrochemicals is 46035

Date	Daily Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	575.70	556.20	579.80	546.55	1.124 times
17 Thu Oct 2024	556.20	580.90	594.00	552.00	2.446 times
16 Wed Oct 2024	572.30	587.80	587.85	562.65	1.159 times
15 Tue Oct 2024	582.15	582.00	600.00	568.70	1.357 times
14 Mon Oct 2024	580.90	589.15	592.35	572.20	0.306 times
11 Fri Oct 2024	586.20	594.00	597.40	578.05	0.451 times
10 Thu Oct 2024	593.75	564.60	598.00	563.20	0.895 times
09 Wed Oct 2024	561.70	576.30	580.00	553.60	1.174 times
08 Tue Oct 2024	573.25	546.45	578.00	540.05	0.721 times
07 Mon Oct 2024	546.45	575.20	575.20	541.35	1.091 times

My analysis of stock is bearish for shortterm, and stock might move down till 566.6 or till 545.4. Use a stoploss of 584.3 and if the stock hits stoploss, then it can shoot up till 601.96

Share price targets for Ig Petrochemicals (IGPL)

Target Type	Value
Downside Target	437.70
Downside Target	540.05
Downside Target	571.00
Upside Target	598.00
Upside Target	609.70
Upside Target	623.90
Upside Target	626.00
Upside Target	659.25
Upside Target	665.00
Upside Target	690.90
Upside Target	727.00

Intraday share price targets for Ig Petrochemicals (IGPL)

Target Type	Value
Downside Intraday Target	548.17
Downside Intraday Target	520.63
Upside Intraday Target	601.62
Upside Intraday Target	627.53
Downside Intraday Target	574.08

Weekly technical analysis of Ig Petrochemicals (IGPL)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	575.70	589.15	600.00	546.55	1.475 times
11 Fri Oct 2024	586.20	575.20	598.00	540.05	1.288 times
04 Fri Oct 2024	575.20	580.00	609.70	571.00	0.486 times
27 Fri Sep 2024	578.40	611.55	623.90	576.00	1.823 times
20 Fri Sep 2024	614.10	651.45	659.25	605.05	0.817 times

Price has moved down 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
18 Fri Oct 2024	575.70	605.00	609.70	540.05	0.513 times
30 Mon Sep 2024	598.80	684.35	690.90	576.00	0.445 times
30 Fri Aug 2024	674.30	624.30	727.00	581.55	1.322 times
31 Wed Jul 2024	619.45	606.60	665.00	576.00	0.682 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 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 short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 SELL. Signal strength is Strong and stock is gaining 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Ig Petrochemicals in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 569.12 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.