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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 2024-09-30 View latest technical analysis

10 day averaged volume of Patanjali Foods is 482618

Date	Daily Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	1683.45	1700.00	1715.55	1664.00	1.179 times
27 Fri Sep 2024	1701.50	1726.00	1733.00	1692.00	0.782 times
26 Thu Sep 2024	1711.85	1726.00	1736.50	1704.05	1.58 times
25 Wed Sep 2024	1734.35	1717.00	1741.10	1700.35	0.891 times
24 Tue Sep 2024	1718.05	1748.00	1748.00	1710.00	1.202 times
23 Mon Sep 2024	1741.20	1755.00	1755.00	1724.05	0.751 times
20 Fri Sep 2024	1730.55	1748.85	1770.00	1724.10	1.094 times
19 Thu Sep 2024	1748.85	1815.00	1819.40	1740.00	1.046 times
18 Wed Sep 2024	1809.15	1852.00	1853.85	1785.00	0.605 times
17 Tue Sep 2024	1851.30	1853.00	1859.00	1827.00	0.55 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1734, but if it comes above 1734, then a intra day buy could be more profitable.
If you take a sell trade below 1734, then use 1734 as stoploss and 1619.5 as target. However if you take a buy trade in stock , then use 1734 as stoploss and 1829.42 as target.

Share price targets for Patanjali Foods (PATANJALI)

Target Type	Value
Downside Target	1169.95
Downside Target	1316.60
Downside Target	1515.00
Downside Target	1605.00
Upside Target	1764.40
Upside Target	1850.00
Upside Target	1874.40
Upside Target	1890.10
Upside Target	1946.00
Upside Target	1957.00
Upside Target	1992.20

Intraday share price targets for Patanjali Foods (PATANJALI)

Target Type	Value
Downside Intraday Target	1659.78
Downside Intraday Target	1636.12
Upside Intraday Target	1711.33
Upside Intraday Target	1739.22
Upside Intraday Target	1687.67

Weekly technical analysis of Patanjali Foods (PATANJALI)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	1683.45	1700.00	1715.55	1664.00	0.227 times
27 Fri Sep 2024	1701.50	1755.00	1755.00	1692.00	1.086 times
20 Fri Sep 2024	1730.55	1861.80	1874.40	1724.10	0.14 times
13 Fri Sep 2024	1860.95	1915.35	1946.00	1850.00	4.406 times
06 Fri Sep 2024	1921.05	1948.95	1992.20	1890.10	2.152 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
30 Mon Sep 2024	1683.45	1948.95	1992.20	1664.00	1.736 times
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

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Patanjali Foods ( (PATANJALI) ) based on a short to mid 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.

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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Patanjali Foods in short term and the sell signal is strong.

Patanjali Foods Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term but selling 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 1732.79 and Patanjali Foods (PATANJALI) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.