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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 2025-01-16 View latest technical analysis

10 day averaged volume of Ig Petrochemicals is 36788

Date	Daily Closing Price	Open	High	Low	Volume
16 Thu Jan 2025	510.05	501.50	515.50	501.50	0.365 times
15 Wed Jan 2025	504.35	495.50	507.90	490.10	0.591 times
14 Tue Jan 2025	495.05	495.65	509.00	490.15	0.821 times
13 Mon Jan 2025	488.70	514.35	514.95	485.05	1.328 times
10 Fri Jan 2025	521.20	520.35	527.50	508.25	0.579 times
09 Thu Jan 2025	520.35	527.20	541.35	517.70	0.66 times
08 Wed Jan 2025	527.20	530.00	536.00	521.00	0.569 times
07 Tue Jan 2025	530.55	543.00	548.35	528.80	1.73 times
06 Mon Jan 2025	544.05	556.00	559.45	535.50	1.207 times
03 Fri Jan 2025	557.95	584.00	589.20	555.00	2.038 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 512.8, but if it comes above 512.8, then a intra day buy could be more profitable.
If you take a sell trade below 512.8, then use 512.8 as stoploss and 482.6 as target. However if you take a buy trade in stock , then use 512.8 as stoploss and 538.09 as target.

Share price targets for Ig Petrochemicals (IGPL)

Target Type	Value
Downside Target	485.05
Downside Target	508.25
Upside Target	542.00
Upside Target	559.45
Upside Target	576.00
Upside Target	589.20
Upside Target	602.65
Upside Target	609.70
Upside Target	624.70
Upside Target	656.85
Upside Target	690.90

Intraday share price targets for Ig Petrochemicals (IGPL)

Target Type	Value
Downside Intraday Target	491.57
Downside Intraday Target	473.08
Upside Intraday Target	522.02
Upside Intraday Target	533.98
Downside Intraday Target	503.53

Weekly technical analysis of Ig Petrochemicals (IGPL)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Thu Jan 2025	510.05	514.35	515.50	485.05	0.655 times
10 Fri Jan 2025	521.20	556.00	559.45	508.25	0.91 times
03 Fri Jan 2025	557.95	530.00	589.20	523.65	1.933 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

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
16 Thu Jan 2025	510.05	560.00	589.20	485.05	0.611 times
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

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 Strong 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 but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 525.53 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.