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Technicals for Patanjali Foods Limited
By MusingTheNews
2025-04-25 20:49
Overall Technical outlook
Price Summary
2025-04-25, saw PATANJALI's stock open at 1972.0, hit a peak of 1978.0, fall to a low of 1898.1, and close lower -0.25% at 1967.0, with 721638 shares changing hands. In the last 52 weeks, the stock's top price was 2000.8 and the bottom price was 1244.2. 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: The price of 1967.0 is supported at 1900.8 and capped by resistance at 2000.8. These levels mark key points for Patanjali Foods Limited where the price could find stability, with 1900.8 as a floor and 2000.8 as a ceiling. Support/Resistance for PATANJALI
Aroon: The AROON is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Aroon chart for Patanjali Foods Limited
Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Bolinger Bands chart for Patanjali Foods Limited
Parabolic SAR: The PSAR continues to signal a bearish outlook, establishing a resistance level that could act as a ceiling for upward trends. This resistance suggests that the market may struggle to overcome bearish forces, keeping prices under pressure. Parabolic Stop and Reverse chart for Patanjali Foods Limited
Stochastic: The stochastic indicator shows the K-line below the D-line but still above 80, suggesting the possible onset of a bearish price move. This setup hints that the market's recent gains could be reversing, potentially leading to a decline. Traders should monitor this development for further signs of weakness. Stochastic chart for Patanjali Foods Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Tripple SMA chart for Patanjali Foods Limited
To derive valuable insights from a company's technical performance, it is essential to first understand its fundamentals. This includes its financial health, business model, and market share. Equally important is the industry context, such as competition, consumer demand, and market trends. By examining these aspects together, investors can gain a more comprehensive view of how the company's stock behaves and whether it's aligned with its underlying value.
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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