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 2024-08-29 View latest technical analysis

10 day averaged volume of Ig Petrochemicals is 183269

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	671.25	688.35	688.50	668.50	0.376 times
28 Wed Aug 2024	689.25	685.00	708.50	684.00	0.547 times
27 Tue Aug 2024	688.05	709.35	727.00	682.00	1.747 times
26 Mon Aug 2024	702.35	712.00	712.00	695.80	0.409 times
23 Fri Aug 2024	706.95	709.00	710.25	690.00	0.613 times
22 Thu Aug 2024	703.20	696.70	710.00	689.05	0.837 times
21 Wed Aug 2024	693.20	694.00	706.50	685.95	1.055 times
20 Tue Aug 2024	692.45	615.85	717.70	615.00	4.179 times
19 Mon Aug 2024	614.35	610.10	615.90	606.00	0.124 times
16 Fri Aug 2024	607.05	602.10	619.95	600.05	0.309 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 686.2 as stoploss in an intra day sell trade for a target of 645.07. However, stock will show a bullish move above 686.2.

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	626.00
Downside Target	639.35
Downside Target	642.45
Downside Target	645.90
Downside Target	665.00
Downside Target	668.50
Upside Target	717.70
Upside Target	727.00

Intraday share price targets for Ig Petrochemicals (IGPL)

Target Type	Value
Downside Intraday Target	650.83
Downside Intraday Target	630.42
Upside Intraday Target	709.33
Upside Intraday Target	747.42
Upside Intraday Target	688.92

Weekly technical analysis of Ig Petrochemicals (IGPL)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	671.25	712.00	727.00	668.50	0.452 times
23 Fri Aug 2024	706.95	610.10	717.70	606.00	6.027 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

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
29 Thu Aug 2024	671.25	624.30	727.00	581.55	1.294 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Ig Petrochemicals ( (IGPL) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

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 Strong and stock is losing momentum.

MACD generated a BUY signal for Ig Petrochemicals in short term and the buy signal is strong.

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. Bulls are getting tired and bears 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 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 689.43 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.