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 2024-09-30 View latest technical analysis

10 day averaged volume of Ig Petrochemicals is 49331

Date	Daily Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	598.80	580.00	606.80	576.00	1.487 times
27 Fri Sep 2024	578.40	596.00	596.60	576.00	1.966 times
26 Thu Sep 2024	592.20	596.65	609.95	590.05	0.655 times
25 Wed Sep 2024	602.65	605.85	613.75	594.00	1.157 times
24 Tue Sep 2024	605.50	614.00	616.95	601.85	1.755 times
23 Mon Sep 2024	613.75	611.55	623.90	609.00	0.925 times
20 Fri Sep 2024	614.10	624.65	634.80	612.00	0.707 times
19 Thu Sep 2024	624.05	626.80	629.80	605.05	0.935 times
18 Wed Sep 2024	624.40	632.05	635.05	621.90	0.622 times
17 Tue Sep 2024	632.00	650.95	653.10	630.35	0.603 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 604.8, but if it comes above 604.8, then a intra day buy could be more profitable.
If you take a sell trade below 604.8, then use 604.8 as stoploss and 573.2 as target. However if you take a buy trade in stock , then use 604.8 as stoploss and 631.12 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
Upside Target	605.05
Upside Target	623.90
Upside Target	649.80
Upside Target	659.25
Upside Target	665.00
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	580.93
Downside Intraday Target	563.07
Upside Intraday Target	611.73
Upside Intraday Target	624.67
Downside Intraday Target	593.87

Weekly technical analysis of Ig Petrochemicals (IGPL)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	598.80	580.00	606.80	576.00	0.23 times
27 Fri Sep 2024	578.40	611.55	623.90	576.00	1.823 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

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
30 Mon Sep 2024	598.80	684.35	690.90	576.00	0.445 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Ig Petrochemicals stock for short term is SELL. Signal strength is Strong and stock is losing 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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 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 603.98 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.