Advertisement

Meyka AI - Contribute to AI-powered stock and crypto research platform
Meyka Stock Market API - Real-time financial data and AI insights for developers
Advertise on Meyka - Reach investors and traders across 10 global markets
Loading...

I G Petrochemicals Limited

IGPL.BO•BSE
Basic Materials
Chemicals
₹368.90
₹0.00(0.00%)
Indian Market opens in 6h 45m

I G Petrochemicals Limited (IGPL.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for I G Petrochemicals Limited (BSE:IGPL.BO).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

IGPL.BO Technical Analysis Summary

I G Petrochemicals Limited stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 53.33)
Trend Strength:Moderate (ADX: 20.16)
Volatility:Medium (ATR: 13.12)
Support/Resistance:$336.17 – $379.16 (Bollinger Bands)

Technical conditions suggest I G Petrochemicals Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 53.33

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 91.18

Bearish
Overbought levels may trigger pullback.

Williams %R: -12.46

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 3.72

Bullish
Steady upward momentum.

Takeaway:I G Petrochemicals Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: -1.31

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 20.16

Moderate
Moderate trend, direction gaining strength.

ATR (14): 13.12

Rising
Rising volatility, market activity increasing.

CCI (14): 74.80

Bullish
Bullish, momentum building upward.

Takeaway:I G Petrochemicals Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$379.16
Middle Band (SMA 20)
$357.66
Lower Band
$336.17
Current Position
Within Bands

Takeaway:I G Petrochemicals Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$388.12
Middle Line (EMA 20)
$361.88
Lower Channel
$335.64
Squeeze Status
Squeeze On

Takeaway:I G Petrochemicals Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume111.94K
Money Flow Index5.39Bullish, oversold conditions signal rebound potential.
Relative Vigor Index55.21Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:IGPL.BO shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of I G Petrochemicals Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Technical indicators for I G Petrochemicals Limited are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ