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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 2024-12-12 View latest technical analysis

10 day averaged volume of Ig Petrochemicals is 43719

Date	Daily Closing Price	Open	High	Low	Volume
12 Thu Dec 2024	599.40	602.05	611.95	595.00	0.608 times
11 Wed Dec 2024	600.55	587.00	604.50	587.00	0.598 times
10 Tue Dec 2024	587.90	604.00	604.00	579.95	0.566 times
09 Mon Dec 2024	600.20	608.85	611.55	595.90	0.848 times
06 Fri Dec 2024	604.10	602.45	612.30	600.05	0.718 times
05 Thu Dec 2024	604.50	616.00	616.00	601.25	0.471 times
04 Wed Dec 2024	611.25	600.00	624.70	595.00	1.269 times
03 Tue Dec 2024	602.95	611.80	619.70	596.30	0.913 times
02 Mon Dec 2024	613.45	607.50	617.50	594.00	1.407 times
29 Fri Nov 2024	614.00	557.05	656.85	551.05	2.875 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 605.5 as stoploss in an intra day sell trade for a target of 572.91. However, stock will show a bullish move above 605.5.

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	609.70
Upside Target	611.95
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	582.25
Downside Intraday Target	565.1
Upside Intraday Target	614.25
Upside Intraday Target	629.1
Downside Intraday Target	597.1

Weekly technical analysis of Ig Petrochemicals (IGPL)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Thu Dec 2024	599.40	608.85	611.95	579.95	0.549 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
12 Thu Dec 2024	599.40	607.50	624.70	579.95	0.507 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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. Bears 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 buy signal for Ig Petrochemicals in short term but BUY signal is weak.

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

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 607.25 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.