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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.

10 day averaged volume of Ig Petrochemicals is 97301

Date	Daily Closing Price	Open	High	Low	Volume
03 Fri May 2024	515.05	530.25	531.80	506.65	0.962 times
02 Thu May 2024	527.60	548.85	553.00	525.50	1.114 times
30 Tue Apr 2024	541.55	512.20	555.00	511.10	4.649 times
29 Mon Apr 2024	512.20	510.80	518.00	508.05	0.262 times
26 Fri Apr 2024	510.80	521.35	525.95	510.00	0.342 times
25 Thu Apr 2024	521.40	527.30	530.95	518.00	0.792 times
24 Wed Apr 2024	524.65	515.30	528.60	514.05	0.894 times
23 Tue Apr 2024	515.30	511.95	517.35	508.55	0.353 times
22 Mon Apr 2024	514.35	512.00	517.00	507.00	0.356 times
19 Fri Apr 2024	511.05	504.40	515.45	504.40	0.493 times

My analysis of stock is bullish for shortterm, and stock might move up till 524.6 or till 541. Use a stoploss of 510.95 and if this stock hits its stoploss, then it can fall down till 497.3

Share price targets for Ig Petrochemicals (IGPL)

Target Type	Value
Downside Target	402.50
Downside Target	432.95
Downside Target	451.00
Downside Target	467.80
Downside Target	498.50
Upside Target	517.30
Upside Target	530.00
Upside Target	530.95
Upside Target	537.70
Upside Target	553.00
Upside Target	555.00

Intraday share price targets for Ig Petrochemicals (IGPL)

Target Type	Value
Downside Intraday Target	496.13
Downside Intraday Target	477.22
Upside Intraday Target	544.48
Upside Intraday Target	573.92
Upside Intraday Target	525.57

Weekly technical analysis of Ig Petrochemicals (IGPL)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Fri May 2024	515.05	510.80	555.00	506.65	2.553 times
26 Fri Apr 2024	510.80	512.00	530.95	507.00	0.735 times
19 Fri Apr 2024	511.05	505.00	530.00	481.00	1.49 times
12 Fri Apr 2024	505.75	503.05	517.30	498.50	0.466 times
05 Fri Apr 2024	500.50	432.95	515.00	432.95	1.83 times

Price has moved up 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
03 Fri May 2024	515.05	548.85	553.00	506.65	0.108 times
30 Tue Apr 2024	541.55	432.95	555.00	432.95	1.789 times
28 Thu Mar 2024	430.75	460.75	477.00	402.50	1.057 times
29 Thu Feb 2024	460.75	502.00	515.05	451.00	0.604 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 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 short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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.

ADX buy sell signal for Ig Petrochemicals stock for short term is BUY. Signal strength is Strong 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 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 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

Although the stock is in the BUY zone, but buying 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 529.38 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.