Homepage Active Options Active Stocks

Stock analysis Patanjali Foods Limited PATANJALI

More indepth analysis on MunafaSutra.com

Moving Averages for Patanjali Foods Limited

  • 5Day Average: 1533
  • 12Day Average: 1447.85
  • 20Day Average: 1419.35
  • 50Day Average: 1475.72
  • 100Day Average: 1529.19

PATANJALI Indicators & signals

Indicator MACD (12,26,9)

1477.04, 1450.28, -0.98
Indicator MACD is in positive zone

Indicator ADX (14)

35.16, 29.95, 14.37
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 59
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of PATANJALI Patanjali Foods Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
29 Mon Apr 2024 1563.55 1555.00 to 1609.00 -1.28% 0.78 times
26 Fri Apr 2024 1583.75 1502.00 to 1605.00 4.12% 1.54 times
25 Thu Apr 2024 1521.15 1485.00 to 1546.50 0.81% 0.8 times
24 Wed Apr 2024 1508.90 1484.55 to 1538.95 1.43% 0.94 times
23 Tue Apr 2024 1487.65 1462.00 to 1494.00 1.45% 0.59 times
22 Mon Apr 2024 1466.40 1405.00 to 1474.20 4.56% 1.08 times
19 Fri Apr 2024 1402.50 1370.00 to 1416.95 -0.17% 0.52 times
18 Thu Apr 2024 1404.90 1382.00 to 1419.35 -0.26% 0.8 times
16 Tue Apr 2024 1408.50 1317.95 to 1424.00 5.06% 2.1 times
15 Mon Apr 2024 1340.70 1293.85 to 1349.90 -0.13% 0.56 times
12 Fri Apr 2024 1342.45 1309.45 to 1369.15 -0.1% 1.07 times
10 Wed Apr 2024 1343.75 1325.00 to 1369.60 -0.49% 0.81 times

Technical analysis forecast of Patanjali Foods Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Patanjali Foods Limited PATANJALI at this time. Stock is rising and might rise more.

It appears as if Patanjali Foods Limited PATANJALI gave a large move recently.

Stock of Patanjali Foods Limited (PATANJALI) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Patanjali Foods Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Patanjali Foods Limited stays above 1527.9, but if it comes below 1527.9, then a intra day sell could be more profitable.
If you take a sell trade below 1527.9, then use 1527.9 as stoploss and 1453.82 as target. However if you take a buy trade in Patanjali Foods Limited, then use 1527.9 as stoploss and 1616.8 as target.

More indepth analysis on MunafaSutra.com