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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 2024-04-29 View latest technical analysis

10 day averaged volume of Ig Petrochemicals is 69339

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Apr 2024	512.20	510.80	518.00	508.05	0.368 times
26 Fri Apr 2024	510.80	521.35	525.95	510.00	0.48 times
25 Thu Apr 2024	521.40	527.30	530.95	518.00	1.111 times
24 Wed Apr 2024	524.65	515.30	528.60	514.05	1.254 times
23 Tue Apr 2024	515.30	511.95	517.35	508.55	0.496 times
22 Mon Apr 2024	514.35	512.00	517.00	507.00	0.5 times
19 Fri Apr 2024	511.05	504.40	515.45	504.40	0.692 times
18 Thu Apr 2024	507.80	518.75	529.00	502.10	1.044 times
16 Tue Apr 2024	516.15	503.00	530.00	502.95	1.817 times
15 Mon Apr 2024	505.55	505.00	516.70	481.00	1.67 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 523.6 as stoploss in an intra day sell trade for a target of 498.69. However, stock will show a bullish move above 523.6.

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	515.05
Upside Target	517.30
Upside Target	518.00
Upside Target	530.00
Upside Target	530.95
Upside Target	537.70

Intraday share price targets for Ig Petrochemicals (IGPL)

Target Type	Value
Downside Intraday Target	507.5
Downside Intraday Target	502.8
Upside Intraday Target	517.45
Upside Intraday Target	522.7
Upside Intraday Target	512.75

Weekly technical analysis of Ig Petrochemicals (IGPL)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Apr 2024	512.20	510.80	518.00	508.05	0.096 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, 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
29 Mon Apr 2024	512.20	432.95	530.95	432.95	1.357 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
31 Wed Jan 2024	500.20	469.35	537.70	467.80	1.782 times

Scroll below to view daily charts

Price has moved up 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 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 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 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 BUY signal for Ig Petrochemicals in short term and the buy signal is strong.

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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term but buying is losing 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 514.16 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.