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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 2024-10-23 View latest technical analysis

10 day averaged volume of Patanjali Foods is 520236

Date	Daily Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	1777.45	1761.20	1809.90	1718.10	1.662 times
22 Tue Oct 2024	1766.30	1768.25	1784.50	1725.05	0.754 times
21 Mon Oct 2024	1775.60	1778.00	1782.00	1740.55	1.171 times
18 Fri Oct 2024	1765.00	1720.05	1790.95	1702.65	1.201 times
17 Thu Oct 2024	1741.70	1765.00	1770.00	1721.10	0.466 times
16 Wed Oct 2024	1764.65	1720.00	1778.30	1716.05	1.017 times
15 Tue Oct 2024	1730.05	1725.10	1741.00	1695.00	0.822 times
14 Mon Oct 2024	1728.60	1743.50	1743.50	1698.60	0.795 times
11 Fri Oct 2024	1743.50	1740.20	1750.00	1701.50	0.815 times
10 Thu Oct 2024	1740.30	1715.00	1748.00	1694.85	1.113 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1762.1, but if it comes below 1762.1, then a intra day sell could be more profitable.
If you take a sell trade below 1762.1, then use 1762.1 as stoploss and 1719.36 as target. However if you take a buy trade in stock , then use 1762.1 as stoploss and 1813.3 as target.

Share price targets for Patanjali Foods (PATANJALI)

Target Type	Value
Downside Target	1169.95
Downside Target	1541.05
Downside Target	1593.75
Downside Target	1750.00
Downside Target	1755.00
Downside Target	1764.40
Upside Target	1790.95
Upside Target	1809.90
Upside Target	1957.00
Upside Target	1992.20

Intraday share price targets for Patanjali Foods (PATANJALI)

Target Type	Value
Downside Intraday Target	1727.07
Downside Intraday Target	1676.68
Upside Intraday Target	1818.87
Upside Intraday Target	1860.28
Downside Intraday Target	1768.48

Weekly technical analysis of Patanjali Foods (PATANJALI)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	1777.45	1778.00	1809.90	1718.10	0.834 times
18 Fri Oct 2024	1765.00	1743.50	1790.95	1695.00	0.74 times
11 Fri Oct 2024	1743.50	1633.10	1750.00	1593.75	1.556 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

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
23 Wed Oct 2024	1777.45	1678.00	1809.90	1593.75	0.33 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 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 neutral. A longer time frame might give a better analysis.

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 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 tired and bears are picking up momentum.

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 SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 1756.87 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.