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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 2024-03-21 View latest technical analysis

10 day averaged volume of Plastiblends India is 29903

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	239.90	234.00	242.10	234.00	1.076 times
20 Wed Mar 2024	233.10	235.65	236.70	231.00	0.428 times
19 Tue Mar 2024	235.80	240.00	240.65	231.70	0.306 times
18 Mon Mar 2024	240.25	234.40	242.25	234.40	0.538 times
15 Fri Mar 2024	234.40	237.50	246.85	233.05	0.618 times
14 Thu Mar 2024	239.85	227.15	244.05	227.15	0.612 times
13 Wed Mar 2024	232.15	242.00	248.35	230.05	1.74 times
12 Tue Mar 2024	244.65	253.10	253.90	240.35	1.119 times
11 Mon Mar 2024	252.60	262.70	264.00	251.05	2.209 times
07 Thu Mar 2024	262.70	264.05	268.35	262.10	0.377 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 239.8 as stoploss in an intra day buy trade for a target of 253.99. However, stock will show a bearish move below 239.8.

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	233.18
Downside Intraday Target	226.47
Upside Intraday Target	244.43
Upside Intraday Target	248.97
Downside Intraday Target	237.72

Weekly technical analysis of Plastiblends India (PLASTIBLEN)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	239.90	234.40	242.25	231.00	0.373 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 up 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
21 Thu Mar 2024	239.90	263.55	271.70	227.15	0.644 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Plastiblends India ( (PLASTIBLEN) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up

CCI has generated a buy signal for Plastiblends India in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Plastiblends India is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 242.24 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.