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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 2024-10-31 View latest technical analysis

10 day averaged volume of Patanjali Foods is 603149

Date	Daily Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	1793.25	1767.55	1801.00	1754.10	0.527 times
30 Wed Oct 2024	1767.20	1771.00	1805.00	1752.25	1.098 times
29 Tue Oct 2024	1786.70	1757.70	1800.00	1730.85	1.003 times
28 Mon Oct 2024	1757.70	1645.00	1767.00	1645.00	1.248 times
25 Fri Oct 2024	1656.15	1780.00	1780.00	1638.00	1.175 times
24 Thu Oct 2024	1779.60	1789.75	1798.00	1740.70	0.943 times
23 Wed Oct 2024	1777.45	1761.20	1809.90	1718.10	1.434 times
22 Tue Oct 2024	1766.30	1768.25	1784.50	1725.05	0.651 times
21 Mon Oct 2024	1775.60	1778.00	1782.00	1740.55	1.01 times
18 Fri Oct 2024	1765.00	1720.05	1790.95	1702.65	1.036 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1784.9, but if it comes below 1784.9, then a intra day sell could be more profitable.
If you take a sell trade below 1784.9, then use 1784.9 as stoploss and 1736.62 as target. However if you take a buy trade in stock , then use 1784.9 as stoploss and 1842.8 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	1764.40
Downside Target	1790.95
Upside Target	1805.00
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	1690.5
Downside Intraday Target	1587.75
Upside Intraday Target	1850.5
Upside Intraday Target	1907.75
Downside Intraday Target	1747.75

Weekly technical analysis of Patanjali Foods (PATANJALI)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	1793.25	1645.00	1805.00	1645.00	0.744 times
25 Fri Oct 2024	1656.15	1778.00	1809.90	1638.00	1.405 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

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
31 Thu Oct 2024	1793.25	1678.00	1809.90	1593.75	0.471 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 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 SELL. Signal strength is Weak and stock is losing 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 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 1759.59 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.