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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.

10 day averaged volume of Ig Petrochemicals is 24094

Date	Daily Closing Price	Open	High	Low	Volume
27 Mon Jan 2025	431.50	452.00	460.20	426.20	3.775 times
24 Fri Jan 2025	457.75	468.50	472.05	456.00	0.311 times
23 Thu Jan 2025	465.85	468.00	481.90	465.05	0.692 times
22 Wed Jan 2025	467.85	485.05	488.00	458.10	1.652 times
21 Tue Jan 2025	485.85	493.80	504.10	485.00	0.759 times
20 Mon Jan 2025	493.50	492.00	502.15	491.20	0.659 times
17 Fri Jan 2025	491.20	504.95	512.70	488.00	1.184 times
16 Thu Jan 2025	510.05	501.50	515.50	501.50	0.558 times
15 Wed Jan 2025	504.35	495.50	507.90	490.10	0.903 times
14 Tue Jan 2025	495.05	495.65	509.00	490.15	1.254 times

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

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 424.8, for a target of 471.4 or 510.23

Share price targets for Ig Petrochemicals (IGPL)

Target Type	Value
Downside Target	426.20
Upside Target	456.00
Upside Target	485.05
Upside Target	504.10
Upside Target	559.45
Upside Target	576.00
Upside Target	589.20
Upside Target	609.70
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	418.4
Downside Intraday Target	405.3
Upside Intraday Target	452.4
Upside Intraday Target	473.3
Upside Intraday Target	439.3

Weekly technical analysis of Ig Petrochemicals (IGPL)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Mon Jan 2025	431.50	452.00	460.20	426.20	0.927 times
24 Fri Jan 2025	457.75	492.00	504.10	456.00	0.687 times
17 Fri Jan 2025	491.20	514.35	515.50	485.05	0.818 times
10 Fri Jan 2025	521.20	556.00	559.45	508.25	0.91 times
03 Fri Jan 2025	557.95	530.00	589.20	523.65	1.933 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
27 Mon Jan 2025	431.50	560.00	589.20	426.20	0.949 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 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 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 SELL signal in short term and selling is picking up 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 468.45 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.