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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 2025-01-29 View latest technical analysis

10 day averaged volume of Ig Petrochemicals is 28966

Date	Daily Closing Price	Open	High	Low	Volume
29 Wed Jan 2025	428.50	425.60	433.65	424.30	0.854 times
28 Tue Jan 2025	425.60	437.45	445.00	418.50	1.271 times
27 Mon Jan 2025	431.50	452.00	460.20	426.20	3.14 times
24 Fri Jan 2025	457.75	468.50	472.05	456.00	0.259 times
23 Thu Jan 2025	465.85	468.00	481.90	465.05	0.576 times
22 Wed Jan 2025	467.85	485.05	488.00	458.10	1.374 times
21 Tue Jan 2025	485.85	493.80	504.10	485.00	0.632 times
20 Mon Jan 2025	493.50	492.00	502.15	491.20	0.548 times
17 Fri Jan 2025	491.20	504.95	512.70	488.00	0.985 times
16 Thu Jan 2025	510.05	501.50	515.50	501.50	0.464 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 455.2, but if it comes above 455.2, then a intra day buy could be more profitable.
If you take a sell trade below 455.2, then use 455.2 as stoploss and 405.7 as target. However if you take a buy trade in stock , then use 455.2 as stoploss and 496.38 as target.

Share price targets for Ig Petrochemicals (IGPL)

Target Type	Value
Downside Target	418.50
Upside Target	456.00
Upside Target	485.05
Upside Target	504.10
Upside Target	559.45
Upside Target	576.00
Upside Target	589.20
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	411.27
Downside Intraday Target	394.03
Upside Intraday Target	452.97
Upside Intraday Target	477.43
Upside Intraday Target	435.73

Weekly technical analysis of Ig Petrochemicals (IGPL)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Wed Jan 2025	428.50	452.00	460.20	418.50	1.554 times
24 Fri Jan 2025	457.75	492.00	504.10	456.00	0.687 times
17 Fri Jan 2025	491.20	514.35	515.50	485.05	0.818 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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Ig Petrochemicals (IGPL)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Wed Jan 2025	428.50	560.00	589.20	418.50	1.045 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 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.

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 SELL signal for Ig Petrochemicals in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 454.27 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.