Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(PATANJALI) Patanjali Foods complete technical analysis [charts+indicators] | Buy/Sell Patanjali Foods | (PATANJALI) share price targets

Complete technical analysis of Patanjali Foods (PATANJALI) by charts plus indicators, forecast predictions and share price targets for Patanjali Foods (PATANJALI)

Showing technical analysis as on 2024-05-03 View latest technical analysis

10 day averaged volume of Patanjali Foods is 944969

Date	Daily Closing Price	Open	High	Low	Volume
03 Fri May 2024	1447.40	1461.00	1465.00	1424.00	0.53 times
02 Thu May 2024	1451.35	1496.05	1498.05	1444.10	0.884 times
30 Tue Apr 2024	1510.70	1500.00	1543.70	1493.55	1.575 times
29 Mon Apr 2024	1563.55	1600.00	1609.00	1555.00	0.835 times
26 Fri Apr 2024	1583.75	1516.80	1605.00	1502.00	1.652 times
25 Thu Apr 2024	1521.15	1513.95	1546.50	1485.00	0.852 times
24 Wed Apr 2024	1508.90	1493.00	1538.95	1484.55	1.003 times
23 Tue Apr 2024	1487.65	1478.90	1494.00	1462.00	0.628 times
22 Mon Apr 2024	1466.40	1405.00	1474.20	1405.00	1.16 times
19 Fri Apr 2024	1402.50	1370.00	1416.95	1370.00	0.559 times

My analysis of stock is bullish for shortterm, and stock might move up till 1507.1 or till 1595.1. Use a stoploss of 1433.77 and if this stock hits its stoploss, then it can fall down till 1360.43

Share price targets for Patanjali Foods (PATANJALI)

Target Type	Value
Downside Target	1281.00
Downside Target	1348.00
Downside Target	1383.40
Upside Target	1498.05
Upside Target	1510.00
Upside Target	1522.00
Upside Target	1605.00
Upside Target	1609.00
Upside Target	1641.00
Upside Target	1712.50
Upside Target	1713.80

Intraday share price targets for Patanjali Foods (PATANJALI)

Target Type	Value
Downside Intraday Target	1377.93
Downside Intraday Target	1308.47
Upside Intraday Target	1562.93
Upside Intraday Target	1678.47
Upside Intraday Target	1493.47

Weekly technical analysis of Patanjali Foods (PATANJALI)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Fri May 2024	1447.40	1600.00	1609.00	1424.00	0.722 times
26 Fri Apr 2024	1583.75	1405.00	1605.00	1405.00	1.243 times
19 Fri Apr 2024	1402.50	1316.80	1424.00	1293.85	1.637 times
12 Fri Apr 2024	1342.45	1363.60	1383.40	1309.45	1.444 times
05 Fri Apr 2024	1387.85	1360.00	1422.00	1348.00	1.326 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 Patanjali Foods (PATANJALI)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Fri May 2024	1447.40	1496.05	1498.05	1424.00	0.086 times
30 Tue Apr 2024	1510.70	1360.00	1609.00	1293.85	1.476 times
28 Thu Mar 2024	1338.40	1545.50	1641.00	1281.00	0.785 times
29 Thu Feb 2024	1537.70	1582.05	1712.50	1510.00	1.085 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 Patanjali Foods (PATANJALI)

Price action analysis of Patanjali Foods ( (PATANJALI) ) 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 Patanjali Foods ( (PATANJALI) ) 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 Patanjali Foods ( (PATANJALI) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Patanjali Foods stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Patanjali Foods in short term and the buy signal is strong.

Patanjali Foods 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 getting stronger in this stock.

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

CCI has generated a SELL signal for Patanjali Foods 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Patanjali Foods is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1506.52 and Patanjali Foods (PATANJALI) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Patanjali Foods (PATANJALI) stock. Volume based technical analysis of Patanjali Foods (PATANJALI) stock is negative.

Patanjali Foods Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.