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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 2024-11-19 View latest technical analysis

10 day averaged volume of Ig Petrochemicals is 29147

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Nov 2024	533.30	536.75	549.60	526.95	0.656 times
18 Mon Nov 2024	535.40	542.20	550.00	525.00	0.85 times
14 Thu Nov 2024	537.35	542.80	558.00	530.30	0.88 times
13 Wed Nov 2024	542.80	558.80	574.25	538.00	1.939 times
12 Tue Nov 2024	567.30	578.00	595.00	551.00	1.237 times
11 Mon Nov 2024	579.80	589.15	589.15	574.95	0.956 times
08 Fri Nov 2024	589.15	587.00	603.00	578.55	1.28 times
07 Thu Nov 2024	587.50	588.40	598.95	581.65	0.57 times
06 Wed Nov 2024	588.40	584.70	590.00	573.50	0.769 times
05 Tue Nov 2024	576.70	566.85	595.00	552.65	0.786 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 538.1, but if it comes above 538.1, then a intra day buy could be more profitable.
If you take a sell trade below 538.1, then use 538.1 as stoploss and 513 as target. However if you take a buy trade in stock , then use 538.1 as stoploss and 559 as target.

Share price targets for Ig Petrochemicals (IGPL)

Target Type	Value
Downside Target	513.00
Upside Target	550.00
Upside Target	576.00
Upside Target	589.70
Upside Target	595.00
Upside Target	603.00
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	522.2
Downside Intraday Target	511.1
Upside Intraday Target	547.2
Upside Intraday Target	561.1
Upside Intraday Target	536.1

Weekly technical analysis of Ig Petrochemicals (IGPL)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Nov 2024	533.30	542.20	550.00	525.00	0.3 times
14 Thu Nov 2024	537.35	589.15	595.00	530.30	1.211 times
08 Fri Nov 2024	589.15	577.80	603.00	552.20	0.857 times
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

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
19 Tue Nov 2024	533.30	579.90	603.00	525.00	0.348 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 losing 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 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 positive zone. This is a BUY 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 562.44 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.