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Technicals for Patanjali Foods Limited
By MusingTheNews
2025-08-13 20:51
Overall Technical outlook
Price Summary
In today's trading, Patanjali Foods Limited's stock rose by 2.5%, showcasing an impressive market day. Patanjali Foods Limited's stock opened at 1775.0 on 2025-08-12, surged to a high of 1825.5, hit a low of 1771.5, and closed up 2.5% at 1819.3, with 525957 shares traded. Over the course of 52 weeks, the stock peaked at 2000.8 and hit a low of 1613.0. According to 3 analysts, the price of PATANJALI in the future is projected to be between 2050.0 and 2243.0, with an average expected price of 2116.0.
Technicals
Support and Resistance: At 1819.3, the price is supported by 1798.5 and resisted by 1856.9. This indicates that the price for Patanjali Foods Limited might fluctuate between these levels, with 1798.5 acting as a support and 1856.9 limiting further upward movement. Support/Resistance for PATANJALI
Aroon: The AROON is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Aroon chart for Patanjali Foods Limited
Bol. Bands: The latest move shows the price crossing above the lower Bollinger Band, following a period where it was below this level. This upward crossover may indicate that the market is beginning to recover from oversold conditions, with the potential for a shift away from the bearish trend. The movement above the band suggests that a reversal or stabilization could be on the horizon. Bolinger Bands chart for Patanjali Foods Limited
Parabolic SAR: The PSAR maintains its bearish stance, establishing a resistance level that could cap any attempts at upward movement. This persistent bearish outlook suggests that the market may continue to face downward pressure, with resistance preventing significant gains. Parabolic Stop and Reverse chart for Patanjali Foods Limited
Stochastic: The current state of the STOCHASTIC is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Stochastic chart for Patanjali Foods Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Tripple SMA chart for Patanjali Foods Limited
When evaluating a company's technical data, such as stock price charts or volume, it is essential to first consider its fundamentals. These fundamentals include financial stability, growth potential, and competitive advantages. Additionally, understanding the broader industry in which the company operates offers context that helps to make sense of technical patterns. By examining both the company's internal strengths and external environment, one can make more accurate and meaningful conclusions about its stock performance.
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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