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Technicals for Patanjali Foods Limited
By MusingTheNews
2025-06-13 20:49
Overall Technical outlook
Price Summary
On 2025-06-13, Patanjali Foods Limited's stock opened at 1668.1, reached a high of 1677.8, dropped to a low of 1663.3, and closed higher 0.29% at 1673.0, with a trading volume of 169703 shares. In the 52-week period, the stock's peak price is 2000.8, and the lowest price recorded is 1459.9. 3 analysts predict that the future price of PATANJALI will be in the range of 1859.0 to 2115.0, with a mean expected price of about 2008.0.
Technicals
Support and Resistance: At 1673.0, the price is supported at 1671.3 and faces resistance at 1758.6. This range suggests that the price for PATANJALI might stay between these levels, with 1671.3 acting as a floor and 1758.6 as a ceiling. Support/Resistance for PATANJALI
Aroon: The current reading of the AROON indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Aroon chart for Patanjali Foods Limited
Bol. Bands: The current state of the BOLL BANDS is neutral for PATANJALI, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Bolinger Bands chart for Patanjali Foods Limited
Parabolic SAR: The PSAR maintains a bearish stance, establishing a resistance level that could act as a barrier to any upward trends. This ongoing bearish outlook suggests that the market may continue to face resistance, keeping prices in check. Parabolic Stop and Reverse chart for Patanjali Foods Limited
Stochastic: The current state of the STOCHASTIC is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Stochastic chart for Patanjali Foods Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently in a neutral position for Patanjali Foods Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Tripple SMA chart for Patanjali Foods Limited
When analyzing a company, its fundamentals—such as earnings, management efficiency, and strategic initiatives—must be considered alongside technical data. The context of the industry in which the company operates also plays a key role, as market trends and competitive dynamics can significantly impact performance. By taking a comprehensive approach, combining both fundamental and technical analysis, one can gain a deeper understanding of the company's potential for growth or risk.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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