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(PLASTIBLEN) Plastiblends India complete technical analysis [charts+indicators] | Buy/Sell Plastiblends India | (PLASTIBLEN) share price targets

Complete technical analysis of Plastiblends India (PLASTIBLEN) by charts plus indicators, forecast predictions and share price targets for Plastiblends India (PLASTIBLEN)

Plastiblends India trades in NSE in Specialty Chemicals sector.

Showing technical analysis as on 2024-02-29 View latest technical analysis

10 day averaged volume of Plastiblends India is 23246

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	263.55	265.05	267.50	260.35	0.52 times
28 Wed Feb 2024	264.20	268.20	271.90	260.50	1.181 times
27 Tue Feb 2024	268.85	271.90	276.00	268.00	0.669 times
26 Mon Feb 2024	270.50	263.00	278.00	263.00	2.115 times
23 Fri Feb 2024	274.60	278.90	281.60	272.25	0.871 times
22 Thu Feb 2024	279.25	277.70	282.10	273.85	0.992 times
21 Wed Feb 2024	277.90	284.00	287.20	277.00	0.987 times
20 Tue Feb 2024	281.05	284.65	287.75	277.55	0.98 times
19 Mon Feb 2024	283.40	283.25	293.55	282.00	1.189 times
16 Fri Feb 2024	285.65	281.95	292.00	281.95	0.53 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 271.6, but if it comes above 271.6, then a intra day buy could be more profitable.
If you take a sell trade below 271.6, then use 271.6 as stoploss and 256.4 as target. However if you take a buy trade in stock , then use 271.6 as stoploss and 284.28 as target.

Share price targets for Plastiblends India (PLASTIBLEN)

Target Type	Value
Downside Target	221.05
Downside Target	260.35
Upside Target	270.05
Upside Target	278.00
Upside Target	290.60
Upside Target	297.90
Upside Target	309.90
Upside Target	312.45
Upside Target	325.00
Upside Target	329.70
Upside Target	358.00

Intraday share price targets for Plastiblends India (PLASTIBLEN)

Target Type	Value
Downside Intraday Target	256.6
Downside Intraday Target	249.65
Upside Intraday Target	274.25
Upside Intraday Target	284.95
Upside Intraday Target	267.3

Weekly technical analysis of Plastiblends India (PLASTIBLEN)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	263.55	263.00	278.00	260.35	0.894 times
23 Fri Feb 2024	274.60	283.25	293.55	272.25	1.005 times
16 Fri Feb 2024	285.65	296.00	297.90	270.05	0.65 times
09 Fri Feb 2024	298.00	304.20	309.90	291.00	0.978 times
02 Fri Feb 2024	304.20	308.30	312.45	297.10	0.326 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 Plastiblends India (PLASTIBLEN)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	263.55	303.00	309.90	260.35	0.211 times
31 Wed Jan 2024	304.25	297.65	358.00	290.60	3.201 times
29 Fri Dec 2023	294.10	312.30	325.00	270.35	0.32 times
30 Thu Nov 2023	314.55	267.20	329.70	263.80	0.998 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 Plastiblends India (PLASTIBLEN)

Price action analysis of Plastiblends India ( (PLASTIBLEN) ) 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 Plastiblends India ( (PLASTIBLEN) ) 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 Plastiblends India ( (PLASTIBLEN) ) 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 Plastiblends India stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Plastiblends India in short term and the sell signal is strong.

Plastiblends India 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 Plastiblends India in short term and SELL signal is strong!

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 Plastiblends India is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 274.6 and Plastiblends India (PLASTIBLEN) 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 Plastiblends India (PLASTIBLEN) stock. Volume based technical analysis of Plastiblends India (PLASTIBLEN) stock is negative.

Plastiblends India 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.