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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 2024-12-31 View latest technical analysis

10 day averaged volume of Ig Petrochemicals is 25890

Date	Daily Closing Price	Open	High	Low	Volume
31 Tue Dec 2024	559.45	547.35	570.45	542.95	1.867 times
30 Mon Dec 2024	543.30	530.00	556.50	523.65	1.484 times
27 Fri Dec 2024	528.20	543.45	547.65	527.50	1.378 times
26 Thu Dec 2024	543.45	559.90	564.35	540.10	0.723 times
24 Tue Dec 2024	559.90	562.55	568.20	555.00	0.417 times
23 Mon Dec 2024	563.50	559.10	567.75	548.55	1.313 times
20 Fri Dec 2024	554.80	555.00	563.00	542.00	1.121 times
19 Thu Dec 2024	557.65	568.00	571.05	555.00	1.546 times
18 Wed Dec 2024	570.25	572.20	575.55	565.00	0.521 times
17 Tue Dec 2024	572.20	594.20	594.20	567.05	0.916 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 552.9 as stoploss in an intra day buy trade for a target of 577.17. However, stock will show a bearish move below 552.9.

Share price targets for Ig Petrochemicals (IGPL)

Target Type	Value
Downside Target	513.00
Downside Target	542.00
Upside Target	568.20
Upside Target	594.00
Upside Target	602.65
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	531.92
Downside Intraday Target	504.38
Upside Intraday Target	578.72
Upside Intraday Target	597.98
Downside Intraday Target	551.18

Weekly technical analysis of Ig Petrochemicals (IGPL)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Tue Dec 2024	559.45	530.00	570.45	523.65	0.875 times
27 Fri Dec 2024	528.20	559.10	568.20	527.50	0.818 times
20 Fri Dec 2024	554.80	586.65	602.65	542.00	0.949 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

Price has moved up 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
31 Tue Dec 2024	559.45	607.50	624.70	523.65	1.01 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 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 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Ig Petrochemicals Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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 553.8 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 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 positive

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