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(PATANJALI_BE) Patanjali Foods complete technical analysis [charts+indicators] | Buy/Sell Patanjali Foods | (PATANJALI_BE) share price targets

Complete technical analysis of Patanjali Foods (PATANJALI_BE) by charts plus indicators, forecast predictions and share price targets for Patanjali Foods (PATANJALI_BE)

Showing technical analysis as on 2023-10-27 View latest technical analysis

10 day averaged volume of Patanjali Foods is 249879

Date	Daily Closing Price	Open	High	Low	Volume
27 Fri Oct 2023	1275.80	1251.00	1298.80	1251.00	1.414 times
26 Thu Oct 2023	1250.30	1225.00	1264.00	1192.75	1.558 times
25 Wed Oct 2023	1236.15	1267.00	1283.00	1224.10	0.594 times
23 Mon Oct 2023	1261.50	1318.00	1319.90	1255.75	1.143 times
20 Fri Oct 2023	1313.75	1325.00	1347.00	1309.00	0.741 times
19 Thu Oct 2023	1327.10	1310.00	1333.00	1292.00	0.973 times
18 Wed Oct 2023	1326.70	1330.00	1333.80	1308.00	0.607 times
17 Tue Oct 2023	1321.40	1318.00	1340.90	1314.00	0.659 times
16 Mon Oct 2023	1319.40	1345.00	1347.00	1310.20	1.454 times
13 Fri Oct 2023	1351.60	1320.95	1359.90	1317.30	1.259 times

My analysis of stock is bearish for shortterm, and stock might move down till 1239.2 or till 1190. Use a stoploss of 1280.18 and if the stock hits stoploss, then it can shoot up till 1321.17

Share price targets for Patanjali Foods (PATANJALI_BE)

Target Type	Value
Downside Target	1004.60
Downside Target	1165.10
Downside Target	1192.75
Downside Target	1262.75
Upside Target	1292.00
Upside Target	1319.90
Upside Target	1325.00
Upside Target	1347.00
Upside Target	1359.90
Upside Target	1373.70
Upside Target	1393.00

Intraday share price targets for Patanjali Foods (PATANJALI_BE)

Target Type	Value
Downside Intraday Target	1205.73
Downside Intraday Target	1135.67
Upside Intraday Target	1332.88
Upside Intraday Target	1389.97
Downside Intraday Target	1262.82

Weekly technical analysis of Patanjali Foods (PATANJALI_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Fri Oct 2023	1275.80	1318.00	1319.90	1192.75	1.062 times
20 Fri Oct 2023	1313.75	1345.00	1347.00	1292.00	0.666 times
13 Fri Oct 2023	1351.60	1232.00	1359.90	1219.90	4.116 times
06 Fri Oct 2023	1253.45	1235.00	1262.75	1215.05	0.605 times
29 Fri Sep 2023	1239.15	1289.95	1294.95	1217.00	0.875 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Fri Oct 2023	1275.80	1235.00	1359.90	1192.75	0.97 times
29 Fri Sep 2023	1239.15	1223.00	1325.00	1205.00	0.855 times
31 Thu Aug 2023	1227.05	1331.00	1393.00	1197.00	0.345 times
31 Mon Jul 2023	1331.00	1168.70	1373.70	1165.10	3.083 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_BE)

Price action analysis of Patanjali Foods ( (PATANJALI_BE) ) 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_BE) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Patanjali Foods ( (PATANJALI_BE) ) 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 losing momentum.

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

Patanjali Foods Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red 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 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 1296.78 and Patanjali Foods (PATANJALI_BE) 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_BE) stock. Volume based technical analysis of Patanjali Foods (PATANJALI_BE) 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.