Patanjali Foods Ltd. Long trade

Jun 4, 2023

PATANJALI Good opportunity to invest in Patanjali Foods Ltd.

Place your orders after Breakout of the resistance line.

POSSIBLE BUYINGS-----

• Case 1:
  
• Buy : After breakout of resistance line @ 1050.
  
• Stop loss : @995
• Case 2:
  
• Buy: At channel support @950
• Stop loss: Below 900

Reasons to buy:
1: Patanjali foods is following a rising channel, at present it's trending at channel low.
2: Good support from the channel low (as shown in chart).
3: Good Risky to reward ratio.



Thanks





Disclaimer: This idea is only for the Educational purpose, Kindly invest at your own risk..

Jun 16, 2023

Trade active

Good bounce from the resistance of 1050

Jun 17, 2023

Trade active

Patanjali foods hits our First TARGET of 1150..
100Pts in just 3 days..

Jun 21, 2023

Trade active

Our Second target of 1200 hit.

Jun 26, 2023

Trade active

Jul 4, 2023

Trade active

Jul 10, 2023

Trade active

Jul 12, 2023

Trade active

Jul 14, 2023

Note

Trade is active , Kindly shift your Stoploss @1150 or Book your profits as per your convenience.

Jul 19, 2023

Trade active

50+ in a Day, Patanjali food hits our 3rd target of 1300.

Jul 31, 2023

Note

Happy to see the performance of Patanjali foods. we r almost 300+ pts up.

Aug 4, 2023

Note

Our 4th Target of 1375 achieved..

Dec 5, 2023

Note

According to sentiment and channel analysis, this stock could soon reach 1600, despite its all-time high of 1519.

Dec 7, 2023

Trade active

"We have achieved our target of 1600."

Dec 23, 2023

Note

Patanjali's stock is currently at a channel high. If it crosses the level of 1700, we can hold it, otherwise, we will book our profits.

Mar 9, 2024

Trade active

It would be better to book profits below 1500.///