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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 2024-03-07 View latest technical analysis

10 day averaged volume of Plastiblends India is 23825

Date	Daily Closing Price	Open	High	Low	Volume
07 Thu Mar 2024	262.70	264.05	268.35	262.10	0.473 times
06 Wed Mar 2024	262.75	265.35	265.65	257.25	2.576 times
05 Tue Mar 2024	266.00	266.10	269.00	261.30	1.016 times
04 Mon Mar 2024	264.75	265.30	271.70	261.00	0.556 times
02 Sat Mar 2024	264.50	268.45	270.50	256.55	0.129 times
01 Fri Mar 2024	264.60	263.55	269.90	263.00	0.499 times
29 Thu Feb 2024	263.55	265.05	267.50	260.35	0.507 times
28 Wed Feb 2024	264.20	268.20	271.90	260.50	1.152 times
27 Tue Feb 2024	268.85	271.90	276.00	268.00	0.652 times
26 Mon Feb 2024	270.50	263.00	278.00	263.00	2.064 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 264.6, but if it comes above 264.6, then a intra day buy could be more profitable.
If you take a sell trade below 264.6, then use 264.6 as stoploss and 254.3 as target. However if you take a buy trade in stock , then use 264.6 as stoploss and 273.26 as target.

Share price targets for Plastiblends India (PLASTIBLEN)

Target Type	Value
Downside Target	256.55
Upside Target	270.05
Upside Target	278.00
Upside Target	290.60
Upside Target	291.00
Upside Target	293.55
Upside Target	297.90
Upside Target	309.90
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	256.07
Downside Intraday Target	249.43
Upside Intraday Target	270.52
Upside Intraday Target	278.33
Upside Intraday Target	263.88

Weekly technical analysis of Plastiblends India (PLASTIBLEN)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Thu Mar 2024	262.70	265.30	271.70	257.25	0.923 times
02 Sat Mar 2024	264.50	263.00	278.00	256.55	1.022 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

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
07 Thu Mar 2024	262.70	263.55	271.70	256.55	0.21 times
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

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 losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Plastiblends India Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 coming down

CCI has generated a buy signal for Plastiblends India 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 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 265.62 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.