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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 2024-07-26 View latest technical analysis

10 day averaged volume of Ig Petrochemicals is 66800

Date	Daily Closing Price	Open	High	Low	Volume
26 Fri Jul 2024	637.25	657.95	665.00	629.55	2.462 times
25 Thu Jul 2024	636.65	624.00	657.40	615.00	2.081 times
24 Wed Jul 2024	627.00	596.00	633.50	596.00	1.667 times
23 Tue Jul 2024	595.10	605.00	607.85	576.00	0.582 times
22 Mon Jul 2024	606.05	585.00	619.70	577.00	1.006 times
19 Fri Jul 2024	585.85	593.40	600.60	580.00	1.165 times
18 Thu Jul 2024	593.40	612.40	612.40	582.00	0.875 times
16 Tue Jul 2024	609.40	602.15	615.00	601.15	0.769 times
15 Mon Jul 2024	602.20	610.05	610.10	593.85	0.513 times
12 Fri Jul 2024	605.00	610.15	619.90	598.00	0.835 times

Stock of Ig Petrochemicals (IGPL) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 630.3, but if it comes below 630.3, then a intra day sell could be more profitable.
If you take a sell trade below 630.3, then use 630.3 as stoploss and 614.25 as target. However if you take a buy trade in stock , then use 630.3 as stoploss and 649.5 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
Downside Target	615.00
Downside Target	626.00
Downside Target	637.15
Upside Target	658.90
Upside Target	665.00

Intraday share price targets for Ig Petrochemicals (IGPL)

Target Type	Value
Downside Intraday Target	587.17
Downside Intraday Target	537.08
Upside Intraday Target	676.17
Upside Intraday Target	715.08
Downside Intraday Target	626.08

Weekly technical analysis of Ig Petrochemicals (IGPL)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Fri Jul 2024	637.25	585.00	665.00	576.00	2.348 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Ig Petrochemicals (IGPL)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Fri Jul 2024	637.25	606.60	665.00	576.00	0.609 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 stronger in this stock.

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 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 617.27 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.