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Technicals for Patanjali Foods Limited
By MusingTheNews
2025-10-17 20:50
Overall Technical outlook
Price Summary
On 2025-10-17, Patanjali Foods Limited's shares started at 587.2, peaked at 596.2, bottomed out at 584.1, and ended 0.11% up at 587.85, with 1918582 shares traded. In the 52-week period, the stock's peak price is 2000.8, and the lowest price recorded is 575.8.
Technicals
Support and Resistance: At 587.85, the price is supported by 592.7 and resisted by 592.7. This indicates that the price for Patanjali Foods Limited might fluctuate between these levels, with 592.7 acting as a support and 592.7 limiting further upward movement. Support/Resistance for PATANJALI
Aroon: The AROON is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for PATANJALI, with no strong trend emerging. Aroon chart for Patanjali Foods Limited
Bol. Bands: The current state of the BOLL BANDS 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. Bolinger Bands chart for Patanjali Foods Limited
Parabolic SAR: The PSAR for PATANJALI continues to signal a bearish stance, reinforcing a resistance level that could restrict upward movement. This resistance suggests that the market may remain under bearish pressure, with limited potential for breaking higher. Parabolic Stop and Reverse chart for Patanjali Foods Limited
Stochastic: The STOCHASTIC is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Stochastic chart for Patanjali Foods Limited
Tripple Moving Agerage: A bullish trend is indicated by the alignment of the 20-50-100 period moving averages, though the slopes of the faster averages hint at a potential reversal. The weakening momentum in the shorter-term averages suggests that the current trend may not hold, signaling the possibility of an upcoming change in direction for PATANJALI. 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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