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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 2024-11-12 View latest technical analysis

10 day averaged volume of Patanjali Foods is 606596

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	1861.40	1860.00	1875.55	1831.00	0.45 times
11 Mon Nov 2024	1856.80	1835.00	1887.95	1835.00	1.203 times
08 Fri Nov 2024	1864.20	1890.25	1891.15	1833.95	0.801 times
07 Thu Nov 2024	1900.80	1890.15	1912.00	1866.05	1.253 times
06 Wed Nov 2024	1890.10	1881.30	1900.00	1845.80	1.372 times
05 Tue Nov 2024	1855.95	1809.00	1863.00	1794.80	2.191 times
04 Mon Nov 2024	1791.40	1809.00	1810.00	1764.70	0.47 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	0.524 times
30 Wed Oct 2024	1767.20	1771.00	1805.00	1752.25	1.092 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1855.1, but if it comes below 1855.1, then a intra day sell could be more profitable.
If you take a sell trade below 1855.1, then use 1855.1 as stoploss and 1798.15 as target. However if you take a buy trade in stock , then use 1855.1 as stoploss and 1923.5 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	1831.00
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	1832.28
Downside Intraday Target	1803.17
Upside Intraday Target	1889.23
Upside Intraday Target	1917.07
Downside Intraday Target	1860.12

Weekly technical analysis of Patanjali Foods (PATANJALI)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	1861.40	1835.00	1887.95	1831.00	0.272 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
12 Tue Nov 2024	1861.40	1795.00	1912.00	1764.70	0.392 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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 moving up

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

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 1850.52 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.