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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 2024-09-26 View latest technical analysis

10 day averaged volume of Ig Petrochemicals is 44536

Date	Daily Closing Price	Open	High	Low	Volume
26 Thu Sep 2024	592.20	596.65	609.95	590.05	0.726 times
25 Wed Sep 2024	602.65	605.85	613.75	594.00	1.281 times
24 Tue Sep 2024	605.50	614.00	616.95	601.85	1.944 times
23 Mon Sep 2024	613.75	611.55	623.90	609.00	1.025 times
20 Fri Sep 2024	614.10	624.65	634.80	612.00	0.783 times
19 Thu Sep 2024	624.05	626.80	629.80	605.05	1.036 times
18 Wed Sep 2024	624.40	632.05	635.05	621.90	0.689 times
17 Tue Sep 2024	632.00	650.95	653.10	630.35	0.668 times
16 Mon Sep 2024	647.70	651.45	659.25	636.30	0.749 times
13 Fri Sep 2024	651.45	638.00	658.00	635.70	0.949 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 586.3, for a target of 615 or 638.91

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
Upside Target	605.05
Upside Target	623.90
Upside Target	649.80
Upside Target	668.50
Upside Target	672.10
Upside Target	690.90
Upside Target	727.00

Intraday share price targets for Ig Petrochemicals (IGPL)

Target Type	Value
Downside Intraday Target	580.2
Downside Intraday Target	568.2
Upside Intraday Target	614.05
Upside Intraday Target	635.9
Upside Intraday Target	602.05

Weekly technical analysis of Ig Petrochemicals (IGPL)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Thu Sep 2024	592.20	611.55	623.90	590.05	1.268 times
20 Fri Sep 2024	614.10	651.45	659.25	605.05	0.817 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

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
26 Thu Sep 2024	592.20	684.35	690.90	590.05	0.377 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 and the sell signal is strong.

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 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 618.4 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.