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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 2024-11-06 View latest technical analysis

10 day averaged volume of Patanjali Foods is 615302

Date	Daily Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	1890.10	1881.30	1900.00	1845.80	1.352 times
05 Tue Nov 2024	1855.95	1809.00	1863.00	1794.80	2.16 times
04 Mon Nov 2024	1791.40	1809.00	1810.00	1764.70	0.463 times
01 Fri Nov 2024	1811.10	1795.00	1824.60	1791.60	0.095 times
31 Thu Oct 2024	1793.25	1767.55	1801.00	1754.10	0.517 times
30 Wed Oct 2024	1767.20	1771.00	1805.00	1752.25	1.077 times
29 Tue Oct 2024	1786.70	1757.70	1800.00	1730.85	0.983 times
28 Mon Oct 2024	1757.70	1645.00	1767.00	1645.00	1.223 times
25 Fri Oct 2024	1656.15	1780.00	1780.00	1638.00	1.152 times
24 Thu Oct 2024	1779.60	1789.75	1798.00	1740.70	0.925 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1874.1, for a target of 1817.9 or 1771.12

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
Downside Target	1809.90
Downside Target	1824.60
Upside Target	1900.00
Upside Target	1957.00
Upside Target	1992.20

Intraday share price targets for Patanjali Foods (PATANJALI)

Target Type	Value
Downside Intraday Target	1803.2
Downside Intraday Target	1716.3
Upside Intraday Target	1938.5
Upside Intraday Target	1986.9
Downside Intraday Target	1851.6

Weekly technical analysis of Patanjali Foods (PATANJALI)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	1890.10	1809.00	1900.00	1764.70	1.021 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 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
06 Wed Nov 2024	1890.10	1795.00	1900.00	1764.70	0.207 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 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 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 green color and prices are above the green 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

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 1795.13 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 positive

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