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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 2024-07-02 View latest technical analysis

10 day averaged volume of Ig Petrochemicals is 223862

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Jul 2024	639.50	607.85	658.90	605.00	1.483 times
01 Mon Jul 2024	607.85	606.60	613.50	591.65	0.505 times
28 Fri Jun 2024	603.55	610.85	617.50	600.55	0.226 times
27 Thu Jun 2024	607.80	604.65	626.00	598.55	0.485 times
26 Wed Jun 2024	601.60	614.15	614.20	600.00	0.275 times
25 Tue Jun 2024	609.45	608.00	617.00	596.30	0.422 times
24 Mon Jun 2024	606.35	608.00	622.10	581.55	1.128 times
21 Fri Jun 2024	600.00	615.00	615.95	591.10	0.765 times
20 Thu Jun 2024	607.85	572.15	617.95	571.00	2.44 times
19 Wed Jun 2024	570.65	581.80	587.45	568.00	0.853 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 611.6, but if it comes below 611.6, then a intra day sell could be more profitable.
If you take a sell trade below 611.6, then use 611.6 as stoploss and 560.08 as target. However if you take a buy trade in stock , then use 611.6 as stoploss and 673.3 as target.

Share price targets for Ig Petrochemicals (IGPL)

Target Type	Value
Downside Target	402.50
Downside Target	432.95
Downside Target	470.05
Downside Target	497.55
Downside Target	543.10
Downside Target	581.55
Downside Target	591.65
Downside Target	617.95
Downside Target	626.00
Upside Target	658.90

Intraday share price targets for Ig Petrochemicals (IGPL)

Target Type	Value
Downside Intraday Target	601.13
Downside Intraday Target	562.77
Upside Intraday Target	668.38
Upside Intraday Target	697.27
Downside Intraday Target	630.02

Weekly technical analysis of Ig Petrochemicals (IGPL)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Jul 2024	639.50	606.60	658.90	591.65	0.784 times
28 Fri Jun 2024	603.55	608.00	626.00	581.55	0.364 times
21 Fri Jun 2024	600.00	555.50	617.95	543.10	3.755 times
14 Fri Jun 2024	546.45	503.80	554.00	497.55	1.626 times
07 Fri Jun 2024	503.80	499.00	507.00	437.70	1.535 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
02 Tue Jul 2024	639.50	606.60	658.90	591.65	0.159 times
28 Fri Jun 2024	603.55	499.00	626.00	437.70	2.097 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

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 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 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 gaining momentum.

MACD generated a BUY signal for Ig Petrochemicals in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Ig Petrochemicals Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 buy signal for Ig Petrochemicals in short term and BUY 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

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 608.48 and Ig Petrochemicals (IGPL) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.