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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 2024-11-11 View latest technical analysis

10 day averaged volume of Patanjali Foods is 608851

Date	Daily Closing Price	Open	High	Low	Volume
11 Mon Nov 2024	1856.80	1835.00	1887.95	1835.00	1.199 times
08 Fri Nov 2024	1864.20	1890.25	1891.15	1833.95	0.798 times
07 Thu Nov 2024	1900.80	1890.15	1912.00	1866.05	1.248 times
06 Wed Nov 2024	1890.10	1881.30	1900.00	1845.80	1.367 times
05 Tue Nov 2024	1855.95	1809.00	1863.00	1794.80	2.183 times
04 Mon Nov 2024	1791.40	1809.00	1810.00	1764.70	0.468 times
01 Fri Nov 2024	1811.10	1795.00	1824.60	1791.60	0.096 times
31 Thu Oct 2024	1793.25	1767.55	1801.00	1754.10	0.522 times
30 Wed Oct 2024	1767.20	1771.00	1805.00	1752.25	1.088 times
29 Tue Oct 2024	1786.70	1757.70	1800.00	1730.85	0.994 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1848.5, but if it comes below 1848.5, then a intra day sell could be more profitable.
If you take a sell trade below 1848.5, then use 1848.5 as stoploss and 1791.59 as target. However if you take a buy trade in stock , then use 1848.5 as stoploss and 1916.8 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	1764.40
Downside Target	1809.90
Downside Target	1824.60
Downside Target	1835.00
Upside Target	1887.95
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	1831.88
Downside Intraday Target	1806.97
Upside Intraday Target	1884.83
Upside Intraday Target	1912.87
Upside Intraday Target	1859.92

Weekly technical analysis of Patanjali Foods (PATANJALI)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Mon Nov 2024	1856.80	1835.00	1887.95	1835.00	0.198 times
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

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
11 Mon Nov 2024	1856.80	1795.00	1912.00	1764.70	0.37 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 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 BUY signal in short term and the buying is gaining 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 1843.67 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.