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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)

10 day averaged volume of Patanjali Foods is 828123

Date	Daily Closing Price	Open	High	Low	Volume
09 Thu May 2024	1353.40	1411.00	1412.00	1340.15	0.339 times
08 Wed May 2024	1410.55	1448.50	1450.00	1399.00	0.427 times
07 Tue May 2024	1447.35	1429.45	1468.00	1400.00	0.773 times
06 Mon May 2024	1430.40	1447.40	1464.90	1409.15	0.437 times
03 Fri May 2024	1447.40	1461.00	1465.00	1424.00	0.604 times
02 Thu May 2024	1451.35	1496.05	1498.05	1444.10	1.008 times
30 Tue Apr 2024	1510.70	1500.00	1543.70	1493.55	1.797 times
29 Mon Apr 2024	1563.55	1600.00	1609.00	1555.00	0.952 times
26 Fri Apr 2024	1583.75	1516.80	1605.00	1502.00	1.885 times
25 Thu Apr 2024	1521.15	1513.95	1546.50	1485.00	0.972 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1366.6, but if it comes above 1366.6, then a intra day buy could be more profitable.
If you take a sell trade below 1366.6, then use 1366.6 as stoploss and 1280 as target. However if you take a buy trade in stock , then use 1366.6 as stoploss and 1438.79 as target.

Share price targets for Patanjali Foods (PATANJALI)

Target Type	Value
Downside Target	1281.00
Downside Target	1340.15
Upside Target	1383.40
Upside Target	1468.00
Upside Target	1498.05
Upside Target	1522.00
Upside Target	1605.00
Upside Target	1609.00
Upside Target	1641.00
Upside Target	1712.50
Upside Target	1713.80

Intraday share price targets for Patanjali Foods (PATANJALI)

Target Type	Value
Downside Intraday Target	1306.37
Downside Intraday Target	1259.33
Upside Intraday Target	1434.22
Upside Intraday Target	1515.03
Upside Intraday Target	1387.18

Weekly technical analysis of Patanjali Foods (PATANJALI)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Thu May 2024	1353.40	1447.40	1468.00	1340.15	0.453 times
03 Fri May 2024	1447.40	1600.00	1609.00	1424.00	0.722 times
26 Fri Apr 2024	1583.75	1405.00	1605.00	1405.00	1.243 times
19 Fri Apr 2024	1402.50	1316.80	1424.00	1293.85	1.637 times
12 Fri Apr 2024	1342.45	1363.60	1383.40	1309.45	1.444 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
09 Thu May 2024	1353.40	1496.05	1498.05	1340.15	0.192 times
30 Tue Apr 2024	1510.70	1360.00	1609.00	1293.85	1.476 times
28 Thu Mar 2024	1338.40	1545.50	1641.00	1281.00	0.785 times
29 Thu Feb 2024	1537.70	1582.05	1712.50	1510.00	1.085 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 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 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 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 positive zone. This is a BUY 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 1501.99 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.