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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 2024-12-03 View latest technical analysis

10 day averaged volume of Ig Petrochemicals is 42572

Date	Daily Closing Price	Open	High	Low	Volume
03 Tue Dec 2024	602.95	611.80	619.70	596.30	0.937 times
02 Mon Dec 2024	613.45	607.50	617.50	594.00	1.445 times
29 Fri Nov 2024	614.00	557.05	656.85	551.05	2.953 times
28 Thu Nov 2024	552.70	561.00	565.00	544.65	0.343 times
27 Wed Nov 2024	561.25	554.45	575.00	545.65	0.744 times
26 Tue Nov 2024	549.45	565.00	574.00	543.00	0.691 times
25 Mon Nov 2024	559.40	526.35	580.00	526.35	2.089 times
22 Fri Nov 2024	524.85	524.95	534.15	518.50	0.464 times
21 Thu Nov 2024	523.45	533.30	534.50	520.15	0.24 times
19 Tue Nov 2024	533.30	536.75	549.60	526.95	0.449 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 592.8, but if it comes below 592.8, then a intra day sell could be more profitable.
If you take a sell trade below 592.8, then use 592.8 as stoploss and 565.31 as target. However if you take a buy trade in stock , then use 592.8 as stoploss and 625.8 as target.

Share price targets for Ig Petrochemicals (IGPL)

Target Type	Value
Downside Target	513.00
Downside Target	550.00
Downside Target	576.00
Downside Target	594.00
Upside Target	603.00
Upside Target	609.70
Upside Target	619.70
Upside Target	656.85
Upside Target	690.90
Upside Target	727.00

Intraday share price targets for Ig Petrochemicals (IGPL)

Target Type	Value
Downside Intraday Target	591.4
Downside Intraday Target	579.85
Upside Intraday Target	617.1
Upside Intraday Target	631.25
Upside Intraday Target	605.55

Weekly technical analysis of Ig Petrochemicals (IGPL)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Tue Dec 2024	602.95	607.50	619.70	594.00	0.349 times
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

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
03 Tue Dec 2024	602.95	607.50	619.70	594.00	0.159 times
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

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 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 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 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 and the buy signal is strong.

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 coming down

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

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 582.19 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.