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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 2024-09-06 View latest technical analysis

10 day averaged volume of Ig Petrochemicals is 96304

Date	Daily Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	653.25	676.00	688.00	649.80	1.132 times
05 Thu Sep 2024	673.95	662.90	677.80	662.80	0.712 times
04 Wed Sep 2024	661.05	660.00	667.95	654.60	0.578 times
03 Tue Sep 2024	661.40	664.75	670.00	659.00	0.351 times
02 Mon Sep 2024	658.65	684.35	690.90	657.00	0.772 times
30 Fri Aug 2024	674.30	672.00	682.95	670.00	0.562 times
29 Thu Aug 2024	671.25	688.35	688.50	668.50	0.716 times
28 Wed Aug 2024	689.25	685.00	708.50	684.00	1.04 times
27 Tue Aug 2024	688.05	709.35	727.00	682.00	3.325 times
26 Mon Aug 2024	702.35	712.00	712.00	695.80	0.778 times

My analysis of stock is bearish for shortterm, and stock might move down till 625.9 or till 584.5. Use a stoploss of 660.41 and if the stock hits stoploss, then it can shoot up till 694.93

Share price targets for Ig Petrochemicals (IGPL)

Target Type	Value
Downside Target	437.70
Downside Target	470.05
Downside Target	553.00
Downside Target	576.00
Downside Target	606.00
Downside Target	626.00
Downside Target	639.35
Upside Target	665.00
Upside Target	668.50
Upside Target	690.90
Upside Target	717.70
Upside Target	727.00

Intraday share price targets for Ig Petrochemicals (IGPL)

Target Type	Value
Downside Intraday Target	638.4
Downside Intraday Target	623.55
Upside Intraday Target	679.5
Upside Intraday Target	705.75
Upside Intraday Target	664.65

Weekly technical analysis of Ig Petrochemicals (IGPL)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	653.25	684.35	690.90	649.80	0.552 times
30 Fri Aug 2024	674.30	712.00	727.00	668.50	0.496 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

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
06 Fri Sep 2024	653.25	684.35	690.90	649.80	0.135 times
30 Fri Aug 2024	674.30	624.30	727.00	581.55	1.322 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

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 677.57 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.