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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 2024-08-19 View latest technical analysis

10 day averaged volume of Ig Petrochemicals is 58978

Date	Daily Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	614.35	610.10	615.90	606.00	0.385 times
16 Fri Aug 2024	607.05	602.10	619.95	600.05	0.961 times
14 Wed Aug 2024	608.15	604.80	612.00	592.80	0.557 times
13 Tue Aug 2024	601.75	628.45	631.30	597.00	0.913 times
12 Mon Aug 2024	626.35	616.60	639.35	611.60	1.079 times
09 Fri Aug 2024	621.30	629.65	634.15	616.05	0.503 times
08 Thu Aug 2024	621.80	636.00	636.00	617.25	0.594 times
07 Wed Aug 2024	636.85	606.30	642.45	590.25	2.008 times
06 Tue Aug 2024	599.05	588.85	630.00	588.85	1.665 times
05 Mon Aug 2024	588.85	604.00	608.85	581.55	0.87 times

My analysis of stock is bearish for shortterm, and stock might move down till 602.7 or till 586.1. Use a stoploss of 616.56 and if the stock hits stoploss, then it can shoot up till 630.39

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
Upside Target	615.90
Upside Target	626.00
Upside Target	639.35
Upside Target	642.45
Upside Target	645.90
Upside Target	665.00

Intraday share price targets for Ig Petrochemicals (IGPL)

Target Type	Value
Downside Intraday Target	608.27
Downside Intraday Target	602.18
Upside Intraday Target	618.17
Upside Intraday Target	621.98
Downside Intraday Target	612.08

Weekly technical analysis of Ig Petrochemicals (IGPL)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	614.35	610.10	615.90	606.00	0.11 times
16 Fri Aug 2024	607.05	616.60	639.35	592.80	0.622 times
09 Fri Aug 2024	621.30	604.00	642.45	581.55	1.036 times
02 Fri Aug 2024	618.80	640.45	645.90	600.00	0.616 times
26 Fri Jul 2024	637.25	585.00	665.00	576.00	2.348 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
19 Mon Aug 2024	614.35	624.30	642.45	581.55	0.355 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 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 gaining 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 moving up

CCI has generated a buy signal for Ig Petrochemicals in short term but BUY signal is weak.

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 613.97 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 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 negative.

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