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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 2025-01-03 View latest technical analysis

10 day averaged volume of Ig Petrochemicals is 28499

Date	Daily Closing Price	Open	High	Low	Volume
03 Fri Jan 2025	557.95	584.00	589.20	555.00	2.63 times
02 Thu Jan 2025	580.60	571.95	586.05	567.60	0.617 times
01 Wed Jan 2025	571.55	560.00	574.25	559.45	0.435 times
31 Tue Dec 2024	559.45	547.35	570.45	542.95	1.696 times
30 Mon Dec 2024	543.30	530.00	556.50	523.65	1.348 times
27 Fri Dec 2024	528.20	543.45	547.65	527.50	1.252 times
26 Thu Dec 2024	543.45	559.90	564.35	540.10	0.657 times
24 Tue Dec 2024	559.90	562.55	568.20	555.00	0.378 times
23 Mon Dec 2024	563.50	559.10	567.75	548.55	1.193 times
20 Fri Dec 2024	554.80	555.00	563.00	542.00	1.018 times

Stock of Ig Petrochemicals (IGPL) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 550.5 as stoploss in an intra day buy trade for a target of 571.74. However, stock will show a bearish move below 550.5.

Share price targets for Ig Petrochemicals (IGPL)

Target Type	Value
Downside Target	513.00
Downside Target	542.00
Downside Target	555.00
Upside Target	568.20
Upside Target	594.00
Upside Target	602.65
Upside Target	609.70
Upside Target	611.95
Upside Target	624.70
Upside Target	656.85
Upside Target	690.90

Intraday share price targets for Ig Petrochemicals (IGPL)

Target Type	Value
Downside Intraday Target	524.67
Downside Intraday Target	491.38
Upside Intraday Target	590.22
Upside Intraday Target	622.48
Downside Intraday Target	556.93

Weekly technical analysis of Ig Petrochemicals (IGPL)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Fri Jan 2025	557.95	530.00	589.20	523.65	1.933 times
27 Fri Dec 2024	528.20	559.10	568.20	527.50	0.818 times
20 Fri Dec 2024	554.80	586.65	602.65	542.00	0.949 times
13 Fri Dec 2024	590.35	608.85	611.95	579.95	0.612 times
06 Fri Dec 2024	604.10	607.50	624.70	594.00	0.719 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Ig Petrochemicals (IGPL)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Fri Jan 2025	557.95	560.00	589.20	555.00	0.163 times
31 Tue Dec 2024	559.45	607.50	624.70	523.65	1.01 times
29 Fri Nov 2024	614.00	579.90	656.85	518.50	0.699 times
31 Thu Oct 2024	575.55	605.00	609.70	513.00	0.813 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

ADX buy sell signal for Ig Petrochemicals stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

Ig Petrochemicals Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 but SELL signal is weak.

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 554.39 and Ig Petrochemicals (IGPL) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.