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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 2024-08-28 View latest technical analysis

10 day averaged volume of Patanjali Foods is 688613

Date	Daily Closing Price	Open	High	Low	Volume
28 Wed Aug 2024	1920.05	1911.95	1928.90	1865.10	0.809 times
27 Tue Aug 2024	1912.05	1893.00	1922.70	1878.25	0.352 times
26 Mon Aug 2024	1889.65	1898.00	1903.00	1881.45	0.21 times
23 Fri Aug 2024	1899.45	1900.05	1945.00	1889.05	0.401 times
22 Thu Aug 2024	1909.70	1913.00	1938.35	1875.10	0.937 times
21 Wed Aug 2024	1901.35	1814.05	1915.00	1810.25	4.011 times
20 Tue Aug 2024	1821.90	1805.00	1831.00	1776.00	0.34 times
19 Mon Aug 2024	1801.15	1831.40	1845.00	1792.05	0.451 times
16 Fri Aug 2024	1825.15	1772.00	1844.00	1764.40	1.483 times
14 Wed Aug 2024	1764.30	1796.00	1796.00	1754.00	0.73 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1882.6, but if it comes below 1882.6, then a intra day sell could be more profitable.
If you take a sell trade below 1882.6, then use 1882.6 as stoploss and 1810.42 as target. However if you take a buy trade in stock , then use 1882.6 as stoploss and 1969.3 as target.

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	1776.00
Downside Target	1839.00
Downside Target	1844.00
Downside Target	1865.10
Upside Target	1928.90
Upside Target	1945.00

Intraday share price targets for Patanjali Foods (PATANJALI)

Target Type	Value
Downside Intraday Target	1880.47
Downside Intraday Target	1840.88
Upside Intraday Target	1944.27
Upside Intraday Target	1968.48
Downside Intraday Target	1904.68

Weekly technical analysis of Patanjali Foods (PATANJALI)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Wed Aug 2024	1920.05	1898.00	1928.90	1865.10	0.223 times
23 Fri Aug 2024	1899.45	1831.40	1945.00	1776.00	1.66 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

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
28 Wed Aug 2024	1920.05	1720.00	1945.00	1633.90	0.591 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 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 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 losing 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 but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1874.44 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.