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
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- 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..
Trade active:
Good bounce from the resistance of 1050
Trade active:
Patanjali foods hits our First TARGET of 1150..
100Pts in just 3 days..
100Pts in just 3 days..
Trade active:
Our Second target of 1200 hit.
Trade active
Trade active
Trade active
Trade active
Comment:
Trade is active , Kindly shift your Stoploss @1150 or Book your profits as per your convenience.
Trade active:
50+ in a Day, Patanjali food hits our 3rd target of 1300.
Comment:
Happy to see the performance of Patanjali foods. we r almost 300+ pts up.
Comment:
Our 4th Target of 1375 achieved..
Comment:
According to sentiment and channel analysis, this stock could soon reach 1600, despite its all-time high of 1519.
Trade active:
"We have achieved our target of 1600."
Comment:
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.
Trade active:
It would be better to book profits below 1500.///
It would be better to book profits below 1500.///