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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 2024-10-07 View latest technical analysis

10 day averaged volume of Patanjali Foods is 498364

Date	Daily Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	1630.30	1633.10	1641.00	1593.75	1.182 times
04 Fri Oct 2024	1632.10	1664.25	1670.00	1622.00	1.004 times
03 Thu Oct 2024	1664.25	1675.60	1695.00	1650.05	1.149 times
01 Tue Oct 2024	1700.05	1678.00	1712.00	1670.85	0.604 times
30 Mon Sep 2024	1683.45	1700.00	1715.55	1664.00	1.142 times
27 Fri Sep 2024	1701.50	1726.00	1733.00	1692.00	0.757 times
26 Thu Sep 2024	1711.85	1726.00	1736.50	1704.05	1.53 times
25 Wed Sep 2024	1734.35	1717.00	1741.10	1700.35	0.863 times
24 Tue Sep 2024	1718.05	1748.00	1748.00	1710.00	1.164 times
23 Mon Sep 2024	1741.20	1755.00	1755.00	1724.05	0.728 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1674.1, but if it comes above 1674.1, then a intra day buy could be more profitable.
If you take a sell trade below 1674.1, then use 1674.1 as stoploss and 1554 as target. However if you take a buy trade in stock , then use 1674.1 as stoploss and 1774.13 as target.

Share price targets for Patanjali Foods (PATANJALI)

Target Type	Value
Downside Target	1169.95
Downside Target	1541.05
Downside Target	1593.75
Upside Target	1724.10
Upside Target	1755.00
Upside Target	1764.40
Upside Target	1850.00
Upside Target	1874.40
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	1602.37
Downside Intraday Target	1574.43
Upside Intraday Target	1649.62
Upside Intraday Target	1668.93
Downside Intraday Target	1621.68

Weekly technical analysis of Patanjali Foods (PATANJALI)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	1630.30	1633.10	1641.00	1593.75	0.303 times
04 Fri Oct 2024	1632.10	1700.00	1715.55	1622.00	0.773 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

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
07 Mon Oct 2024	1630.30	1678.00	1712.00	1593.75	0.076 times
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

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 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 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 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 weakening, and bulls are picking up momentum!

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

Although the stock is in the SELL zone, but selling 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 1689.07 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.