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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 2024-04-08 View latest technical analysis

10 day averaged volume of Plastiblends India is 42212

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	270.85	277.05	277.50	267.95	1.4 times
05 Fri Apr 2024	278.30	272.10	281.70	270.00	2.164 times
04 Thu Apr 2024	264.75	264.95	270.55	258.40	1.019 times
03 Wed Apr 2024	262.55	251.20	264.95	250.60	0.729 times
02 Tue Apr 2024	249.90	245.45	252.00	243.15	0.738 times
01 Mon Apr 2024	246.05	233.10	254.95	233.10	0.866 times
28 Thu Mar 2024	231.95	233.90	241.00	230.05	1.1 times
27 Wed Mar 2024	232.75	236.05	243.65	230.05	1.302 times
26 Tue Mar 2024	238.00	244.95	248.00	236.40	0.678 times
22 Fri Mar 2024	244.25	240.05	248.00	239.00	0.642 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 276.9, for a target of 260.5 or 246.74

Share price targets for Plastiblends India (PLASTIBLEN)

Target Type	Value
Downside Target	227.15
Downside Target	248.00
Downside Target	260.35
Upside Target	271.70
Upside Target	277.50
Upside Target	281.70
Upside Target	290.60
Upside Target	309.90
Upside Target	325.00
Upside Target	358.00

Intraday share price targets for Plastiblends India (PLASTIBLEN)

Target Type	Value
Downside Intraday Target	266.7
Downside Intraday Target	262.55
Upside Intraday Target	276.25
Upside Intraday Target	281.65
Upside Intraday Target	272.1

Weekly technical analysis of Plastiblends India (PLASTIBLEN)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	270.85	277.05	277.50	267.95	0.254 times
05 Fri Apr 2024	278.30	233.10	281.70	233.10	1.792 times
28 Thu Mar 2024	231.95	244.95	248.00	230.05	1.336 times
22 Fri Mar 2024	244.25	234.40	248.00	231.00	0.517 times
15 Fri Mar 2024	234.40	262.70	264.00	227.15	1.711 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
08 Mon Apr 2024	270.85	233.10	281.70	233.10	0.54 times
28 Thu Mar 2024	231.95	263.55	271.70	227.15	0.908 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

Scroll below to view daily charts

Price has moved up 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Plastiblends India ( (PLASTIBLEN) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Plastiblends India in short term but the buy signal is initial and weak.

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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

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

RSI is generating a BUY signal in short term but buying 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 255.36 and Plastiblends India (PLASTIBLEN) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.