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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 2024-12-10 View latest technical analysis

10 day averaged volume of Ig Petrochemicals is 44740

Date	Daily Closing Price	Open	High	Low	Volume
10 Tue Dec 2024	587.90	604.00	604.00	579.95	0.553 times
09 Mon Dec 2024	600.20	608.85	611.55	595.90	0.829 times
06 Fri Dec 2024	604.10	602.45	612.30	600.05	0.701 times
05 Thu Dec 2024	604.50	616.00	616.00	601.25	0.46 times
04 Wed Dec 2024	611.25	600.00	624.70	595.00	1.24 times
03 Tue Dec 2024	602.95	611.80	619.70	596.30	0.892 times
02 Mon Dec 2024	613.45	607.50	617.50	594.00	1.375 times
29 Fri Nov 2024	614.00	557.05	656.85	551.05	2.81 times
28 Thu Nov 2024	552.70	561.00	565.00	544.65	0.327 times
27 Wed Nov 2024	561.25	554.45	575.00	545.65	0.708 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 601.7 as stoploss in an intra day sell trade for a target of 570.27. However, stock will show a bullish move above 601.7.

Share price targets for Ig Petrochemicals (IGPL)

Target Type	Value
Downside Target	513.00
Downside Target	550.00
Downside Target	576.00
Upside Target	594.00
Upside Target	609.70
Upside Target	611.55
Upside Target	624.70
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	574.72
Downside Intraday Target	561.53
Upside Intraday Target	606.32
Upside Intraday Target	624.73
Upside Intraday Target	593.13

Weekly technical analysis of Ig Petrochemicals (IGPL)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Tue Dec 2024	587.90	608.85	611.55	579.95	0.296 times
06 Fri Dec 2024	604.10	607.50	624.70	594.00	0.719 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

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
10 Tue Dec 2024	587.90	607.50	624.70	579.95	0.424 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 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 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 losing momentum.

MACD generated a BUY signal for Ig Petrochemicals in short term and the buy signal is strong.

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. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 603.02 and Ig Petrochemicals (IGPL) stock is trading below this level. This means that stock is falling with high volumes. 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.