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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 2024-10-10 View latest technical analysis

10 day averaged volume of Patanjali Foods is 553339

Date	Daily Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	1740.30	1715.00	1748.00	1694.85	1.046 times
09 Wed Oct 2024	1706.15	1710.00	1715.00	1682.90	1.735 times
08 Tue Oct 2024	1690.10	1620.00	1700.00	1606.60	0.851 times
07 Mon Oct 2024	1630.30	1633.10	1641.00	1593.75	1.064 times
04 Fri Oct 2024	1632.10	1664.25	1670.00	1622.00	0.905 times
03 Thu Oct 2024	1664.25	1675.60	1695.00	1650.05	1.035 times
01 Tue Oct 2024	1700.05	1678.00	1712.00	1670.85	0.544 times
30 Mon Sep 2024	1683.45	1700.00	1715.55	1664.00	1.029 times
27 Fri Sep 2024	1701.50	1726.00	1733.00	1692.00	0.682 times
26 Thu Sep 2024	1711.85	1726.00	1736.50	1704.05	1.378 times

My analysis of stock is bearish for shortterm, and stock might move down till 1663.9 or till 1570.3. Use a stoploss of 1741.9 and if the stock hits stoploss, then it can shoot up till 1819.92

Share price targets for Patanjali Foods (PATANJALI)

Target Type	Value
Downside Target	1169.95
Downside Target	1541.05
Downside Target	1593.75
Upside Target	1748.00
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	1640.03
Downside Intraday Target	1539.77
Upside Intraday Target	1794.28
Upside Intraday Target	1848.27
Downside Intraday Target	1694.02

Weekly technical analysis of Patanjali Foods (PATANJALI)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	1740.30	1633.10	1748.00	1593.75	1.338 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 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
10 Thu Oct 2024	1740.30	1678.00	1748.00	1593.75	0.154 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 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 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 Weak and stock is losing momentum.

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

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 red color and prices are in or above the red 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 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 1687.55 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.