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 2024-07-23 View latest technical analysis

10 day averaged volume of Ig Petrochemicals is 55259

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	595.10	605.00	607.85	576.00	0.703 times
22 Mon Jul 2024	606.05	585.00	619.70	577.00	1.216 times
19 Fri Jul 2024	585.85	593.40	600.60	580.00	1.408 times
18 Thu Jul 2024	593.40	612.40	612.40	582.00	1.058 times
16 Tue Jul 2024	609.40	602.15	615.00	601.15	0.93 times
15 Mon Jul 2024	602.20	610.05	610.10	593.85	0.62 times
12 Fri Jul 2024	605.00	610.15	619.90	598.00	1.01 times
11 Thu Jul 2024	607.10	603.30	612.45	601.50	0.613 times
10 Wed Jul 2024	603.30	619.50	619.50	590.00	1.306 times
09 Tue Jul 2024	613.45	618.15	630.50	600.00	0.679 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 596.3, but if it comes above 596.3, then a intra day buy could be more profitable.
If you take a sell trade below 596.3, then use 596.3 as stoploss and 579.8 as target. However if you take a buy trade in stock , then use 596.3 as stoploss and 610.14 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	553.00
Downside Target	576.00
Upside Target	615.00
Upside Target	619.70
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	574.17
Downside Intraday Target	553.23
Upside Intraday Target	617.87
Upside Intraday Target	640.63
Upside Intraday Target	596.93

Weekly technical analysis of Ig Petrochemicals (IGPL)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	595.10	585.00	619.70	576.00	0.478 times
19 Fri Jul 2024	585.85	610.05	615.00	580.00	0.842 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

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
23 Tue Jul 2024	595.10	606.60	658.90	576.00	0.46 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 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 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 but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 601.04 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.