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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 2024-11-28 View latest technical analysis

10 day averaged volume of Patanjali Foods is 435797

Date	Daily Closing Price	Open	High	Low	Volume
28 Thu Nov 2024	1793.05	1752.40	1800.50	1752.40	1.315 times
27 Wed Nov 2024	1752.40	1762.00	1765.00	1749.30	0.601 times
26 Tue Nov 2024	1754.90	1755.00	1767.00	1749.80	0.877 times
25 Mon Nov 2024	1761.85	1801.45	1819.75	1751.95	1.429 times
22 Fri Nov 2024	1792.45	1756.40	1800.00	1745.05	1.049 times
21 Thu Nov 2024	1756.90	1852.55	1854.95	1733.00	1.284 times
19 Tue Nov 2024	1852.60	1843.05	1865.00	1830.00	1.703 times
18 Mon Nov 2024	1854.55	1840.00	1858.95	1825.55	0.624 times
14 Thu Nov 2024	1843.80	1838.00	1853.90	1828.00	0.687 times
13 Wed Nov 2024	1843.00	1841.10	1863.50	1836.50	1.12 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1773.4 as stoploss in an intra day buy trade for a target of 1819.89. However, stock will show a bearish move below 1773.4.

Share price targets for Patanjali Foods (PATANJALI)

Target Type	Value
Downside Target	1541.05
Downside Target	1593.75
Downside Target	1633.90
Downside Target	1733.00
Upside Target	1809.90
Upside Target	1828.00
Upside Target	1865.00
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	1754.98
Downside Intraday Target	1716.92
Upside Intraday Target	1825.43
Upside Intraday Target	1857.82
Downside Intraday Target	1787.37

Weekly technical analysis of Patanjali Foods (PATANJALI)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Thu Nov 2024	1793.05	1801.45	1819.75	1749.30	0.906 times
22 Fri Nov 2024	1792.45	1840.00	1865.00	1733.00	1.134 times
14 Thu Nov 2024	1843.80	1835.00	1887.95	1828.00	0.485 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

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
28 Thu Nov 2024	1793.05	1795.00	1912.00	1733.00	0.777 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Patanjali Foods ( (PATANJALI) ) based on a short to mid 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.

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 SELL signal for Patanjali Foods in short term but the sell signal is initial and weak.

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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Patanjali Foods in short term but BUY 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 1800.64 and Patanjali Foods (PATANJALI) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative 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.