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S_Rawat
Jun 4, 2023 6:07 AM

Patanjali Foods Ltd. Long trade Long

PATANJALI FOODS LTDNSE

Description

NSE: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..




Trade active

Good bounce from the resistance of 1050

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

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Our Second target of 1200 hit.

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Comment

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

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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.///
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