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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 2024-11-04 View latest technical analysis

10 day averaged volume of Patanjali Foods is 554067

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	1791.40	1809.00	1810.00	1764.70	0.514 times
01 Fri Nov 2024	1811.10	1795.00	1824.60	1791.60	0.106 times
31 Thu Oct 2024	1793.25	1767.55	1801.00	1754.10	0.574 times
30 Wed Oct 2024	1767.20	1771.00	1805.00	1752.25	1.196 times
29 Tue Oct 2024	1786.70	1757.70	1800.00	1730.85	1.092 times
28 Mon Oct 2024	1757.70	1645.00	1767.00	1645.00	1.358 times
25 Fri Oct 2024	1656.15	1780.00	1780.00	1638.00	1.279 times
24 Thu Oct 2024	1779.60	1789.75	1798.00	1740.70	1.027 times
23 Wed Oct 2024	1777.45	1761.20	1809.90	1718.10	1.561 times
22 Tue Oct 2024	1766.30	1768.25	1784.50	1725.05	0.708 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1790.5, but if it comes below 1790.5, then a intra day sell could be more profitable.
If you take a sell trade below 1790.5, then use 1790.5 as stoploss and 1753.63 as target. However if you take a buy trade in stock , then use 1790.5 as stoploss and 1834.7 as target.

Share price targets for Patanjali Foods (PATANJALI)

Target Type	Value
Downside Target	1541.05
Downside Target	1593.75
Downside Target	1633.90
Downside Target	1750.00
Downside Target	1790.95
Upside Target	1809.90
Upside Target	1810.00
Upside Target	1824.60
Upside Target	1957.00
Upside Target	1992.20

Intraday share price targets for Patanjali Foods (PATANJALI)

Target Type	Value
Downside Intraday Target	1767.4
Downside Intraday Target	1743.4
Upside Intraday Target	1812.7
Upside Intraday Target	1834
Downside Intraday Target	1788.7

Weekly technical analysis of Patanjali Foods (PATANJALI)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	1791.40	1809.00	1810.00	1764.70	0.119 times
01 Fri Nov 2024	1811.10	1645.00	1824.60	1645.00	0.762 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

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
04 Mon Nov 2024	1791.40	1795.00	1824.60	1764.70	0.028 times
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

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 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 gaining 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 coming down

CCI has generated a SELL signal for Patanjali Foods in short term but SELL signal is weak.

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 1759.39 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 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 is giving positive returns over a short term period. Returns for a longer term period have been positive

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