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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 2024-05-08 View latest technical analysis

10 day averaged volume of Ig Petrochemicals is 109591

Date	Daily Closing Price	Open	High	Low	Volume
08 Wed May 2024	520.30	521.45	532.00	515.00	0.394 times
07 Tue May 2024	521.45	530.50	535.90	520.05	0.451 times
06 Mon May 2024	530.60	517.65	534.40	502.00	1.231 times
03 Fri May 2024	515.05	530.25	531.80	506.65	0.855 times
02 Thu May 2024	527.60	548.85	553.00	525.50	0.989 times
30 Tue Apr 2024	541.55	512.20	555.00	511.10	4.128 times
29 Mon Apr 2024	512.20	510.80	518.00	508.05	0.233 times
26 Fri Apr 2024	510.80	521.35	525.95	510.00	0.304 times
25 Thu Apr 2024	521.40	527.30	530.95	518.00	0.703 times
24 Wed Apr 2024	524.65	515.30	528.60	514.05	0.794 times

My analysis of stock is bullish for shortterm, and stock might move up till 525.5 or till 536.8. Use a stoploss of 516.07 and if this stock hits its stoploss, then it can fall down till 506.66

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	530.00
Upside Target	530.95
Upside Target	535.90
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	502.9
Downside Intraday Target	485.5
Upside Intraday Target	536.8
Upside Intraday Target	553.3
Downside Intraday Target	519.4

Weekly technical analysis of Ig Petrochemicals (IGPL)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Wed May 2024	520.30	517.65	535.90	502.00	0.334 times
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

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
08 Wed May 2024	520.30	548.85	553.00	502.00	0.23 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 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 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 Weak 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 weakening, and bulls are picking up momentum!

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 and the buying is gaining 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 530.53 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.