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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 2024-08-30 View latest technical analysis

10 day averaged volume of Patanjali Foods is 661279

Date	Daily Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	1942.15	1922.90	1957.00	1916.40	0.581 times
29 Thu Aug 2024	1919.95	1925.00	1930.00	1891.05	0.635 times
28 Wed Aug 2024	1920.05	1911.95	1928.90	1865.10	0.843 times
27 Tue Aug 2024	1912.05	1893.00	1922.70	1878.25	0.367 times
26 Mon Aug 2024	1889.65	1898.00	1903.00	1881.45	0.219 times
23 Fri Aug 2024	1899.45	1900.05	1945.00	1889.05	0.417 times
22 Thu Aug 2024	1909.70	1913.00	1938.35	1875.10	0.976 times
21 Wed Aug 2024	1901.35	1814.05	1915.00	1810.25	4.177 times
20 Tue Aug 2024	1821.90	1805.00	1831.00	1776.00	0.354 times
19 Mon Aug 2024	1801.15	1831.40	1845.00	1792.05	0.469 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1905.2, but if it comes below 1905.2, then a intra day sell could be more profitable.
If you take a sell trade below 1905.2, then use 1905.2 as stoploss and 1831.41 as target. However if you take a buy trade in stock , then use 1905.2 as stoploss and 1993.7 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	1945.00
Upside Target	1957.00

Intraday share price targets for Patanjali Foods (PATANJALI)

Target Type	Value
Downside Intraday Target	1885.83
Downside Intraday Target	1829.52
Upside Intraday Target	1977.73
Upside Intraday Target	2013.32
Downside Intraday Target	1921.42

Weekly technical analysis of Patanjali Foods (PATANJALI)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	1942.15	1898.00	1957.00	1865.10	0.413 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
30 Fri Aug 2024	1942.15	1720.00	1957.00	1633.90	0.625 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 1899.67 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.