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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 2024-11-29 View latest technical analysis

10 day averaged volume of Ig Petrochemicals is 32066

Date	Daily Closing Price	Open	High	Low	Volume
29 Fri Nov 2024	614.00	557.05	656.85	551.05	3.92 times
28 Thu Nov 2024	552.70	561.00	565.00	544.65	0.456 times
27 Wed Nov 2024	561.25	554.45	575.00	545.65	0.988 times
26 Tue Nov 2024	549.45	565.00	574.00	543.00	0.917 times
25 Mon Nov 2024	559.40	526.35	580.00	526.35	2.773 times
22 Fri Nov 2024	524.85	524.95	534.15	518.50	0.616 times
21 Thu Nov 2024	523.45	533.30	534.50	520.15	0.319 times
19 Tue Nov 2024	533.30	536.75	549.60	526.95	0.596 times
18 Mon Nov 2024	535.40	542.20	550.00	525.00	0.772 times
14 Thu Nov 2024	537.35	542.80	558.00	530.30	0.8 times

Stock of Ig Petrochemicals (IGPL) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 615.6, for a target of 586.6 or 562.48

Share price targets for Ig Petrochemicals (IGPL)

Target Type	Value
Downside Target	513.00
Downside Target	550.00
Downside Target	576.00
Downside Target	595.00
Downside Target	603.00
Downside Target	609.70
Upside Target	656.85
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	541.28
Downside Intraday Target	468.57
Upside Intraday Target	671.78
Upside Intraday Target	729.57
Downside Intraday Target	599.07

Weekly technical analysis of Ig Petrochemicals (IGPL)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Fri Nov 2024	614.00	526.35	656.85	526.35	3.932 times
22 Fri Nov 2024	524.85	542.20	550.00	518.50	0.505 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Ig Petrochemicals (IGPL)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Fri Nov 2024	614.00	579.90	656.85	518.50	0.699 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 and the buying is gaining 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 569.21 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.