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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 2024-03-20 View latest technical analysis

10 day averaged volume of Plastiblends India is 31042

Date	Daily Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	233.10	235.65	236.70	231.00	0.413 times
19 Tue Mar 2024	235.80	240.00	240.65	231.70	0.295 times
18 Mon Mar 2024	240.25	234.40	242.25	234.40	0.518 times
15 Fri Mar 2024	234.40	237.50	246.85	233.05	0.595 times
14 Thu Mar 2024	239.85	227.15	244.05	227.15	0.59 times
13 Wed Mar 2024	232.15	242.00	248.35	230.05	1.676 times
12 Tue Mar 2024	244.65	253.10	253.90	240.35	1.078 times
11 Mon Mar 2024	252.60	262.70	264.00	251.05	2.128 times
07 Thu Mar 2024	262.70	264.05	268.35	262.10	0.363 times
06 Wed Mar 2024	262.75	265.35	265.65	257.25	1.977 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 241.1, but if it comes above 241.1, then a intra day buy could be more profitable.
If you take a sell trade below 241.1, then use 241.1 as stoploss and 223.3 as target. However if you take a buy trade in stock , then use 241.1 as stoploss and 255.95 as target.

Share price targets for Plastiblends India (PLASTIBLEN)

Target Type	Value
Downside Target	227.15
Upside Target	242.25
Upside Target	256.55
Upside Target	270.35
Upside Target	272.25
Upside Target	278.00
Upside Target	290.60
Upside Target	293.55
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	228.65
Downside Intraday Target	224.2
Upside Intraday Target	239.9
Upside Intraday Target	246.7
Upside Intraday Target	235.45

Weekly technical analysis of Plastiblends India (PLASTIBLEN)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	233.10	234.40	242.25	231.00	0.202 times
15 Fri Mar 2024	234.40	262.70	264.00	227.15	1.711 times
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

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
20 Wed Mar 2024	233.10	263.55	271.70	227.15	0.59 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 SELL signal in short term but selling 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 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 246.7 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.