Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-03-13 View latest technical analysis

10 day averaged volume of Ig Petrochemicals is 38801

Date	Daily Closing Price	Open	High	Low	Volume
13 Wed Mar 2024	414.80	425.70	427.65	410.00	2.336 times
12 Tue Mar 2024	425.70	435.00	435.00	420.30	1.654 times
11 Mon Mar 2024	433.85	443.00	443.00	432.45	1.156 times
07 Thu Mar 2024	440.75	445.00	448.05	439.05	1.377 times
06 Wed Mar 2024	446.15	461.95	462.00	443.05	1.206 times
05 Tue Mar 2024	461.95	472.00	474.95	459.30	1.322 times
04 Mon Mar 2024	473.20	465.05	477.00	458.05	1.435 times
02 Sat Mar 2024	470.00	455.00	471.60	455.00	0.129 times
01 Fri Mar 2024	465.65	460.75	468.85	460.75	0.52 times
29 Thu Feb 2024	460.75	465.85	469.70	458.60	0.481 times

Stock of Ig Petrochemicals (IGPL) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 421.2, for a target of 441.8 or 458.97

Share price targets for Ig Petrochemicals (IGPL)

Target Type	Value
Downside Target	410.00
Upside Target	426.55
Upside Target	438.00
Upside Target	467.80
Upside Target	477.00
Upside Target	480.00
Upside Target	480.25
Upside Target	491.10
Upside Target	501.95
Upside Target	515.05
Upside Target	537.70

Intraday share price targets for Ig Petrochemicals (IGPL)

Target Type	Value
Downside Intraday Target	402.2
Downside Intraday Target	389.6
Upside Intraday Target	435.2
Upside Intraday Target	455.6
Upside Intraday Target	422.6

Weekly technical analysis of Ig Petrochemicals (IGPL)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Wed Mar 2024	414.80	443.00	443.00	410.00	0.964 times
07 Thu Mar 2024	440.75	465.05	477.00	439.05	1.694 times
02 Sat Mar 2024	470.00	479.50	480.25	455.00	0.648 times
23 Fri Feb 2024	477.60	459.95	480.00	458.00	0.576 times
16 Fri Feb 2024	459.30	489.00	501.95	451.00	1.172 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
13 Wed Mar 2024	414.80	460.75	477.00	410.00	0.437 times
29 Thu Feb 2024	460.75	502.00	515.05	451.00	0.604 times
31 Wed Jan 2024	500.20	469.35	537.70	467.80	1.782 times
29 Fri Dec 2023	468.40	448.60	476.30	438.00	1.247 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 gaining 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 coming down

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

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 441.95 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.