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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 2024-07-15 View latest technical analysis

10 day averaged volume of Ig Petrochemicals is 95869

Date	Daily Closing Price	Open	High	Low	Volume
15 Mon Jul 2024	602.20	610.05	610.10	593.85	0.357 times
12 Fri Jul 2024	605.00	610.15	619.90	598.00	0.582 times
11 Thu Jul 2024	607.10	603.30	612.45	601.50	0.353 times
10 Wed Jul 2024	603.30	619.50	619.50	590.00	0.753 times
09 Tue Jul 2024	613.45	618.15	630.50	600.00	0.391 times
08 Mon Jul 2024	615.05	637.15	637.15	606.60	0.669 times
05 Fri Jul 2024	627.75	633.00	640.90	623.25	0.491 times
04 Thu Jul 2024	632.30	637.15	647.65	630.00	0.667 times
03 Wed Jul 2024	637.15	637.50	654.90	632.00	1.452 times
02 Tue Jul 2024	639.50	607.85	658.90	605.00	3.462 times

My analysis of stock is bearish for shortterm, and stock might move down till 591.7 or till 571.4. Use a stoploss of 608.56 and if the stock hits stoploss, then it can shoot up till 625.43

Share price targets for Ig Petrochemicals (IGPL)

Target Type	Value
Downside Target	402.50
Downside Target	432.95
Downside Target	470.05
Downside Target	543.10
Downside Target	581.55
Upside Target	610.10
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	594
Downside Intraday Target	585.8
Upside Intraday Target	610.25
Upside Intraday Target	618.3
Downside Intraday Target	602.05

Weekly technical analysis of Ig Petrochemicals (IGPL)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Mon Jul 2024	602.20	610.05	610.10	593.85	0.13 times
12 Fri Jul 2024	605.00	637.15	637.15	590.00	0.379 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

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
15 Mon Jul 2024	602.20	606.60	658.90	590.00	0.355 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 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 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 627.23 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 has given negative 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.