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(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 2024-08-21 View latest technical analysis

10 day averaged volume of Patanjali Foods is 782523

Date	Daily Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	1901.35	1814.05	1915.00	1810.25	3.529 times
20 Tue Aug 2024	1821.90	1805.00	1831.00	1776.00	0.299 times
19 Mon Aug 2024	1801.15	1831.40	1845.00	1792.05	0.397 times
16 Fri Aug 2024	1825.15	1772.00	1844.00	1764.40	1.305 times
14 Wed Aug 2024	1764.30	1796.00	1796.00	1754.00	0.642 times
13 Tue Aug 2024	1788.85	1784.70	1824.90	1752.00	0.956 times
12 Mon Aug 2024	1773.85	1790.00	1814.80	1756.05	0.353 times
09 Fri Aug 2024	1800.45	1794.50	1812.00	1760.15	0.506 times
08 Thu Aug 2024	1792.35	1807.05	1839.00	1750.00	0.984 times
07 Wed Aug 2024	1812.50	1770.00	1825.00	1756.10	1.226 times

Stock of Patanjali Foods (PATANJALI) has showed a significant upmove. This could be a good time to enter in this stock!

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 1898, for a target of 1818.5 or 1752.16

Share price targets for Patanjali Foods (PATANJALI)

Target Type	Value
Downside Target	1169.95
Downside Target	1293.85
Downside Target	1515.00
Downside Target	1605.00
Downside Target	1671.10
Downside Target	1730.00
Downside Target	1752.00
Downside Target	1764.40
Downside Target	1776.00
Downside Target	1839.00
Downside Target	1844.00
Upside Target	1915.00

Intraday share price targets for Patanjali Foods (PATANJALI)

Target Type	Value
Downside Intraday Target	1813.23
Downside Intraday Target	1725.12
Upside Intraday Target	1952.23
Upside Intraday Target	2003.12
Downside Intraday Target	1864.12

Weekly technical analysis of Patanjali Foods (PATANJALI)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	1901.35	1831.40	1915.00	1776.00	1.298 times
16 Fri Aug 2024	1825.15	1790.00	1844.00	1752.00	0.492 times
09 Fri Aug 2024	1800.45	1655.00	1839.00	1633.90	1.586 times
02 Fri Aug 2024	1705.65	1675.00	1730.00	1671.10	0.82 times
26 Fri Jul 2024	1667.95	1591.00	1675.00	1554.70	1.224 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 Patanjali Foods (PATANJALI)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	1901.35	1720.00	1915.00	1633.90	0.512 times
31 Wed Jul 2024	1720.10	1621.00	1764.40	1541.05	1.751 times
28 Fri Jun 2024	1591.40	1460.00	1605.00	1169.95	1.496 times
31 Fri May 2024	1430.10	1496.05	1515.00	1316.60	0.586 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 Patanjali Foods (PATANJALI)

Price action analysis of Patanjali Foods ( (PATANJALI) ) 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 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 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.

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

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

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

Patanjali Foods Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Patanjali Foods in short term and BUY 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 1835.57 and Patanjali Foods (PATANJALI) 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 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.