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 2024-06-04 View latest technical analysis

10 day averaged volume of Ig Petrochemicals is 62995

Date	Daily Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	468.85	494.70	494.70	437.70	1.091 times
03 Mon Jun 2024	494.70	499.00	504.90	490.10	0.698 times
31 Fri May 2024	487.80	499.00	500.95	485.10	0.552 times
30 Thu May 2024	499.25	500.00	503.55	495.00	0.352 times
29 Wed May 2024	501.00	494.85	503.80	487.25	0.451 times
28 Tue May 2024	495.10	497.50	498.95	491.00	0.561 times
27 Mon May 2024	495.50	496.75	507.90	488.10	0.723 times
24 Fri May 2024	494.90	495.00	509.40	492.65	0.939 times
23 Thu May 2024	502.15	482.45	518.50	482.45	3.501 times
22 Wed May 2024	477.95	491.00	491.00	470.05	1.629 times

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 471.6, for a target of 483.6 or 493.65

Share price targets for Ig Petrochemicals (IGPL)

Target Type	Value
Downside Target	402.50
Downside Target	432.95
Downside Target	451.00
Upside Target	470.05
Upside Target	504.90
Upside Target	506.80
Upside Target	507.90
Upside Target	515.05
Upside Target	518.50
Upside Target	535.90
Upside Target	553.00
Upside Target	555.00

Intraday share price targets for Ig Petrochemicals (IGPL)

Target Type	Value
Downside Intraday Target	436.07
Downside Intraday Target	403.28
Upside Intraday Target	503.27
Upside Intraday Target	537.68
Upside Intraday Target	470.48

Weekly technical analysis of Ig Petrochemicals (IGPL)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	468.85	499.00	504.90	437.70	0.678 times
31 Fri May 2024	487.80	496.75	507.90	485.10	0.396 times
24 Fri May 2024	494.90	493.50	518.50	470.05	1.76 times
18 Sat May 2024	489.65	501.95	506.80	482.35	0.779 times
10 Fri May 2024	499.65	517.65	535.90	492.25	0.451 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
04 Tue Jun 2024	468.85	499.00	504.90	437.70	0.085 times
31 Fri May 2024	487.80	548.85	553.00	470.05	0.712 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

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 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 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 neutral. A longer time frame might give a better analysis.

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 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 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 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 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 492.05 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.