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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 2024-07-09 View latest technical analysis

10 day averaged volume of Ig Petrochemicals is 107444

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Jul 2024	613.45	618.15	630.50	600.00	0.349 times
08 Mon Jul 2024	615.05	637.15	637.15	606.60	0.597 times
05 Fri Jul 2024	627.75	633.00	640.90	623.25	0.438 times
04 Thu Jul 2024	632.30	637.15	647.65	630.00	0.595 times
03 Wed Jul 2024	637.15	637.50	654.90	632.00	1.295 times
02 Tue Jul 2024	639.50	607.85	658.90	605.00	3.089 times
01 Mon Jul 2024	607.85	606.60	613.50	591.65	1.053 times
28 Fri Jun 2024	603.55	610.85	617.50	600.55	0.471 times
27 Thu Jun 2024	607.80	604.65	626.00	598.55	1.01 times
26 Wed Jun 2024	601.60	614.15	614.20	600.00	0.573 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 629.6 as stoploss in an intra day sell trade for a target of 593.96. However, stock will show a bullish move above 629.6.

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	600.00
Upside Target	617.95
Upside Target	626.00
Upside Target	637.15
Upside Target	658.90

Intraday share price targets for Ig Petrochemicals (IGPL)

Target Type	Value
Downside Intraday Target	596.58
Downside Intraday Target	579.72
Upside Intraday Target	633.73
Upside Intraday Target	654.02
Upside Intraday Target	616.87

Weekly technical analysis of Ig Petrochemicals (IGPL)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Jul 2024	613.45	637.15	637.15	600.00	0.146 times
05 Fri Jul 2024	627.75	606.60	658.90	591.65	1.225 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

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
09 Tue Jul 2024	613.45	606.60	658.90	591.65	0.285 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 neutral. A longer time frame might give a better analysis.

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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are above 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 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 624.7 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.