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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 2024-11-01 View latest technical analysis

10 day averaged volume of Ig Petrochemicals is 38861

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Nov 2024	584.25	579.90	589.70	575.00	0.18 times
31 Thu Oct 2024	575.55	562.75	580.25	561.55	0.846 times
30 Wed Oct 2024	567.50	536.90	574.00	536.15	0.857 times
29 Tue Oct 2024	535.35	538.75	540.20	530.00	0.766 times
28 Mon Oct 2024	536.05	526.00	548.00	513.00	0.971 times
25 Fri Oct 2024	527.30	552.00	552.00	522.70	1.06 times
24 Thu Oct 2024	552.10	545.15	559.15	543.80	1.102 times
23 Wed Oct 2024	546.10	551.20	555.85	541.70	0.929 times
22 Tue Oct 2024	551.20	572.45	573.00	541.65	1.005 times
21 Mon Oct 2024	569.60	575.00	577.15	562.25	1.132 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 582.1, but if it comes below 582.1, then a intra day sell could be more profitable.
If you take a sell trade below 582.1, then use 582.1 as stoploss and 563.68 as target. However if you take a buy trade in stock , then use 582.1 as stoploss and 604.3 as target.

Share price targets for Ig Petrochemicals (IGPL)

Target Type	Value
Downside Target	513.00
Downside Target	540.05
Downside Target	571.00
Upside Target	589.70
Upside Target	598.00
Upside Target	600.00
Upside Target	609.70
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	534.93
Downside Intraday Target	485.62
Upside Intraday Target	611.63
Upside Intraday Target	639.02
Downside Intraday Target	562.32

Weekly technical analysis of Ig Petrochemicals (IGPL)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Nov 2024	584.25	526.00	589.70	513.00	0.692 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
01 Fri Nov 2024	584.25	579.90	589.70	575.00	0.008 times
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

Scroll below to view daily charts

Price has moved up 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 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 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 BUY signal in short term but buying is losing 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 551.81 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 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 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.