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 2024-10-31 View latest technical analysis

10 day averaged volume of Ig Petrochemicals is 46834

Date	Daily Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	575.55	562.75	580.25	561.55	0.702 times
30 Wed Oct 2024	567.50	536.90	574.00	536.15	0.711 times
29 Tue Oct 2024	535.35	538.75	540.20	530.00	0.636 times
28 Mon Oct 2024	536.05	526.00	548.00	513.00	0.805 times
25 Fri Oct 2024	527.30	552.00	552.00	522.70	0.879 times
24 Thu Oct 2024	552.10	545.15	559.15	543.80	0.915 times
23 Wed Oct 2024	546.10	551.20	555.85	541.70	0.771 times
22 Tue Oct 2024	551.20	572.45	573.00	541.65	0.834 times
21 Mon Oct 2024	569.60	575.00	577.15	562.25	0.94 times
18 Fri Oct 2024	575.70	556.20	579.80	546.55	1.105 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 581.3 as stoploss in an intra day sell trade for a target of 563.23. However, stock will show a bullish move above 581.3.

Share price targets for Ig Petrochemicals (IGPL)

Target Type	Value
Downside Target	437.70
Downside Target	513.00
Downside Target	540.05
Downside 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	532.28
Downside Intraday Target	489.02
Upside Intraday Target	599.53
Upside Intraday Target	623.52
Downside Intraday Target	556.27

Weekly technical analysis of Ig Petrochemicals (IGPL)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	575.55	526.00	580.25	513.00	0.658 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
31 Thu Oct 2024	575.55	605.00	609.70	513.00	0.813 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 BUY signal in short term but buying is losing 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 554.41 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.