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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 2024-11-08 View latest technical analysis

10 day averaged volume of Patanjali Foods is 631151

Date	Daily Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	1864.20	1890.25	1891.15	1833.95	0.77 times
07 Thu Nov 2024	1900.80	1890.15	1912.00	1866.05	1.204 times
06 Wed Nov 2024	1890.10	1881.30	1900.00	1845.80	1.318 times
05 Tue Nov 2024	1855.95	1809.00	1863.00	1794.80	2.106 times
04 Mon Nov 2024	1791.40	1809.00	1810.00	1764.70	0.452 times
01 Fri Nov 2024	1811.10	1795.00	1824.60	1791.60	0.093 times
31 Thu Oct 2024	1793.25	1767.55	1801.00	1754.10	0.504 times
30 Wed Oct 2024	1767.20	1771.00	1805.00	1752.25	1.05 times
29 Tue Oct 2024	1786.70	1757.70	1800.00	1730.85	0.958 times
28 Mon Oct 2024	1757.70	1645.00	1767.00	1645.00	1.192 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1841.6, but if it comes below 1841.6, then a intra day sell could be more profitable.
If you take a sell trade below 1841.6, then use 1841.6 as stoploss and 1785.18 as target. However if you take a buy trade in stock , then use 1841.6 as stoploss and 1909.3 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
Downside Target	1809.90
Downside Target	1824.60
Upside Target	1912.00
Upside Target	1957.00
Upside Target	1992.20

Intraday share price targets for Patanjali Foods (PATANJALI)

Target Type	Value
Downside Intraday Target	1781.93
Downside Intraday Target	1699.67
Upside Intraday Target	1929.23
Upside Intraday Target	1994.27
Downside Intraday Target	1846.97

Weekly technical analysis of Patanjali Foods (PATANJALI)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	1864.20	1809.00	1912.00	1764.70	1.541 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Patanjali Foods (PATANJALI)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	1864.20	1795.00	1912.00	1764.70	0.31 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 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 and selling is picking up 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 1831.47 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.