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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 2024-08-01 View latest technical analysis

10 day averaged volume of Ig Petrochemicals is 86275

Date	Daily Closing Price	Open	High	Low	Volume
01 Thu Aug 2024	610.40	624.30	637.00	608.00	0.759 times
31 Wed Jul 2024	619.45	634.30	634.65	616.15	0.557 times
30 Tue Jul 2024	629.35	625.70	640.65	622.00	0.771 times
29 Mon Jul 2024	625.65	640.45	645.90	622.05	1.055 times
26 Fri Jul 2024	637.25	657.95	665.00	629.55	1.906 times
25 Thu Jul 2024	636.65	624.00	657.40	615.00	1.611 times
24 Wed Jul 2024	627.00	596.00	633.50	596.00	1.291 times
23 Tue Jul 2024	595.10	605.00	607.85	576.00	0.45 times
22 Mon Jul 2024	606.05	585.00	619.70	577.00	0.779 times
19 Fri Jul 2024	585.85	593.40	600.60	580.00	0.902 times

My analysis of stock is bearish for shortterm, and stock might move down till 599.6 or till 582.2. Use a stoploss of 614.09 and if the stock hits stoploss, then it can shoot up till 628.59

Share price targets for Ig Petrochemicals (IGPL)

Target Type	Value
Downside Target	432.95
Downside Target	470.05
Downside Target	553.00
Downside Target	576.00
Downside Target	608.00
Upside Target	626.00
Upside Target	637.00
Upside Target	637.15
Upside Target	645.90
Upside Target	658.90
Upside Target	665.00

Intraday share price targets for Ig Petrochemicals (IGPL)

Target Type	Value
Downside Intraday Target	596.97
Downside Intraday Target	583.53
Upside Intraday Target	634.87
Upside Intraday Target	659.33
Upside Intraday Target	621.43

Weekly technical analysis of Ig Petrochemicals (IGPL)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Thu Aug 2024	610.40	640.45	645.90	608.00	0.52 times
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

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
01 Thu Aug 2024	610.40	624.30	637.00	608.00	0.034 times
31 Wed Jul 2024	619.45	606.60	665.00	576.00	0.682 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

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 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 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

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 622.13 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.