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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 2024-12-17 View latest technical analysis

10 day averaged volume of Ig Petrochemicals is 29025

Date	Daily Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	572.20	594.20	594.20	567.05	0.817 times
16 Mon Dec 2024	589.45	586.65	602.65	586.65	0.518 times
13 Fri Dec 2024	590.35	595.15	596.80	586.00	0.458 times
12 Thu Dec 2024	599.40	602.05	611.95	595.00	0.916 times
11 Wed Dec 2024	600.55	587.00	604.50	587.00	0.901 times
10 Tue Dec 2024	587.90	604.00	604.00	579.95	0.853 times
09 Mon Dec 2024	600.20	608.85	611.55	595.90	1.278 times
06 Fri Dec 2024	604.10	602.45	612.30	600.05	1.081 times
05 Thu Dec 2024	604.50	616.00	616.00	601.25	0.709 times
04 Wed Dec 2024	611.25	600.00	624.70	595.00	1.912 times

My analysis of stock is bearish for shortterm, and stock might move down till 550.3 or till 514.9. Use a stoploss of 579.74 and if the stock hits stoploss, then it can shoot up till 609.2

Share price targets for Ig Petrochemicals (IGPL)

Target Type	Value
Downside Target	513.00
Downside Target	550.00
Downside Target	567.05
Upside 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	558.62
Downside Intraday Target	545.03
Upside Intraday Target	594.22
Upside Intraday Target	616.23
Upside Intraday Target	580.63

Weekly technical analysis of Ig Petrochemicals (IGPL)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	572.20	586.65	602.65	567.05	0.303 times
13 Fri Dec 2024	590.35	608.85	611.95	579.95	0.612 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

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
17 Tue Dec 2024	572.20	607.50	624.70	567.05	0.589 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Ig Petrochemicals stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Ig Petrochemicals in short term but the sell signal is initial and weak.

Ig Petrochemicals Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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

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 598.56 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.