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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 852117

Date	Daily Closing Price	Open	High	Low	Volume
08 Wed May 2024	1410.55	1448.50	1450.00	1399.00	0.415 times
07 Tue May 2024	1447.35	1429.45	1468.00	1400.00	0.752 times
06 Mon May 2024	1430.40	1447.40	1464.90	1409.15	0.425 times
03 Fri May 2024	1447.40	1461.00	1465.00	1424.00	0.587 times
02 Thu May 2024	1451.35	1496.05	1498.05	1444.10	0.98 times
30 Tue Apr 2024	1510.70	1500.00	1543.70	1493.55	1.746 times
29 Mon Apr 2024	1563.55	1600.00	1609.00	1555.00	0.926 times
26 Fri Apr 2024	1583.75	1516.80	1605.00	1502.00	1.832 times
25 Thu Apr 2024	1521.15	1513.95	1546.50	1485.00	0.945 times
24 Wed Apr 2024	1508.90	1493.00	1538.95	1484.55	1.112 times

My analysis of stock is bearish for shortterm, and stock might move down till 1368.2 or till 1282.5. Use a stoploss of 1439.53 and if the stock hits stoploss, then it can shoot up till 1510.9

Share price targets for Patanjali Foods (PATANJALI)

Target Type	Value
Downside Target	1281.00
Downside Target	1383.40
Upside Target	1468.00
Upside Target	1498.05
Upside Target	1510.00
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	1383.7
Downside Intraday Target	1356.85
Upside Intraday Target	1452.7
Upside Intraday Target	1494.85
Upside Intraday Target	1425.85

Weekly technical analysis of Patanjali Foods (PATANJALI)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Wed May 2024	1410.55	1447.40	1468.00	1399.00	0.375 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
08 Wed May 2024	1410.55	1496.05	1498.05	1399.00	0.174 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

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

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

Although the stock is in the BUY zone, but buying 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 1507.82 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.