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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 2024-09-19 View latest technical analysis

10 day averaged volume of Ig Petrochemicals is 48535

Date	Daily Closing Price	Open	High	Low	Volume
19 Thu Sep 2024	624.05	626.80	629.80	605.05	0.95 times
18 Wed Sep 2024	624.40	632.05	635.05	621.90	0.632 times
17 Tue Sep 2024	632.00	650.95	653.10	630.35	0.613 times
16 Mon Sep 2024	647.70	651.45	659.25	636.30	0.687 times
13 Fri Sep 2024	651.45	638.00	658.00	635.70	0.871 times
12 Thu Sep 2024	637.10	647.00	656.00	634.10	0.805 times
11 Wed Sep 2024	643.65	668.00	672.10	641.20	0.922 times
10 Tue Sep 2024	666.65	643.65	670.00	643.65	1.097 times
09 Mon Sep 2024	640.40	649.10	654.95	635.00	0.713 times
06 Fri Sep 2024	653.25	676.00	688.00	649.80	2.247 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 636.9, but if it comes above 636.9, then a intra day buy could be more profitable.
If you take a sell trade below 636.9, then use 636.9 as stoploss and 608.8 as target. However if you take a buy trade in stock , then use 636.9 as stoploss and 660.39 as target.

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	605.05
Upside Target	626.00
Upside Target	649.80
Upside Target	672.10
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	599.65
Downside Intraday Target	575.25
Upside Intraday Target	653.85
Upside Intraday Target	683.65
Upside Intraday Target	629.45

Weekly technical analysis of Ig Petrochemicals (IGPL)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Thu Sep 2024	624.05	651.45	659.25	605.05	0.654 times
13 Fri Sep 2024	651.45	649.10	672.10	634.10	0.627 times
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

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
19 Thu Sep 2024	624.05	684.35	690.90	605.05	0.276 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Ig Petrochemicals stock for short term is SELL. Signal strength is Strong 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 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 red color and prices are below the red 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 and the buying is gaining 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 644.79 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 negative.

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