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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 2024-10-29 View latest technical analysis

10 day averaged volume of Ig Petrochemicals is 52108

Date	Daily Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	535.35	538.75	540.20	530.00	0.572 times
28 Mon Oct 2024	536.05	526.00	548.00	513.00	0.724 times
25 Fri Oct 2024	527.30	552.00	552.00	522.70	0.79 times
24 Thu Oct 2024	552.10	545.15	559.15	543.80	0.822 times
23 Wed Oct 2024	546.10	551.20	555.85	541.70	0.693 times
22 Tue Oct 2024	551.20	572.45	573.00	541.65	0.749 times
21 Mon Oct 2024	569.60	575.00	577.15	562.25	0.844 times
18 Fri Oct 2024	575.70	556.20	579.80	546.55	0.993 times
17 Thu Oct 2024	556.20	580.90	594.00	552.00	2.161 times
16 Wed Oct 2024	572.30	587.80	587.85	562.65	1.024 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 545.4, but if it comes above 545.4, then a intra day buy could be more profitable.
If you take a sell trade below 545.4, then use 545.4 as stoploss and 521.9 as target. However if you take a buy trade in stock , then use 545.4 as stoploss and 564.92 as target.

Share price targets for Ig Petrochemicals (IGPL)

Target Type	Value
Downside Target	437.70
Downside Target	513.00
Upside Target	540.05
Upside Target	571.00
Upside Target	598.00
Upside Target	600.00
Upside Target	609.70
Upside Target	626.00
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	516.23
Downside Intraday Target	497.12
Upside Intraday Target	551.23
Upside Intraday Target	567.12
Downside Intraday Target	532.12

Weekly technical analysis of Ig Petrochemicals (IGPL)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	535.35	526.00	548.00	513.00	0.332 times
25 Fri Oct 2024	527.30	575.00	577.15	522.70	0.69 times
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

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
29 Tue Oct 2024	535.35	605.00	609.70	513.00	0.754 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 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 SELL signal for Ig Petrochemicals in short term and the sell signal is strong.

Ig Petrochemicals Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Ig Petrochemicals in short term but BUY signal is weak.

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 554.46 and Ig Petrochemicals (IGPL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.