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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 2024-12-20 View latest technical analysis

10 day averaged volume of Patanjali Foods is 424486

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	1758.60	1792.80	1829.80	1708.00	1.887 times
19 Thu Dec 2024	1792.80	1754.50	1809.80	1754.30	0.669 times
18 Wed Dec 2024	1799.45	1780.00	1809.00	1771.05	1.67 times
17 Tue Dec 2024	1787.10	1840.00	1846.90	1777.95	0.508 times
16 Mon Dec 2024	1834.85	1818.80	1858.10	1817.05	0.41 times
13 Fri Dec 2024	1818.80	1820.10	1824.90	1789.00	0.405 times
12 Thu Dec 2024	1825.55	1834.00	1835.40	1811.00	0.647 times
11 Wed Dec 2024	1835.70	1841.40	1859.00	1826.65	0.293 times
10 Tue Dec 2024	1848.30	1850.15	1858.35	1825.05	0.889 times
09 Mon Dec 2024	1855.45	1854.00	1869.00	1832.45	0.65 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1777.9, but if it comes above 1777.9, then a intra day buy could be more profitable.
If you take a sell trade below 1777.9, then use 1777.9 as stoploss and 1730.4 as target. However if you take a buy trade in stock , then use 1777.9 as stoploss and 1817.59 as target.

Share price targets for Patanjali Foods (PATANJALI)

Target Type	Value
Downside Target	1593.75
Downside Target	1633.90
Downside Target	1708.00
Upside Target	1789.00
Upside Target	1858.10
Upside Target	1865.00
Upside Target	1869.00
Upside Target	1912.00
Upside Target	1921.00
Upside Target	1957.00
Upside Target	1992.20

Intraday share price targets for Patanjali Foods (PATANJALI)

Target Type	Value
Downside Intraday Target	1691.7
Downside Intraday Target	1624.8
Upside Intraday Target	1841.8
Upside Intraday Target	1925
Upside Intraday Target	1774.9

Weekly technical analysis of Patanjali Foods (PATANJALI)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	1758.60	1818.80	1858.10	1708.00	1.784 times
13 Fri Dec 2024	1818.80	1854.00	1869.00	1789.00	0.397 times
06 Fri Dec 2024	1865.10	1819.95	1921.00	1810.00	1.341 times
29 Fri Nov 2024	1810.30	1801.45	1840.60	1749.30	1.133 times
22 Fri Nov 2024	1792.45	1840.00	1865.00	1733.00	1.134 times

Price has moved down 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
20 Fri Dec 2024	1758.60	1819.95	1921.00	1708.00	0.657 times
29 Fri Nov 2024	1810.30	1795.00	1912.00	1733.00	0.815 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

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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Patanjali Foods stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Patanjali Foods in short term and the sell signal is strong.

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 coming down

CCI has generated a SELL signal for Patanjali Foods in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying 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 1804.67 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 negative.

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