Patanjali
Double Moving Averages Crossover Swing Trade📊 Script: BHARTIARTL
📊 Sector: Telecomm-Service
📊 Industry: Steel - Telecommunications - Service Provider
⏱️ C.M.P 📑💰- 1289
🟢 Target 🎯🏆 - 1368
⚠️ Stoploss ☠️🚫 - 1253
📊 Script: PATANJALI
📊 Sector: Edible Oil
📊 Industry: Solvent Extraction
⏱️ C.M.P 📑💰- 1402
🟢 Target 🎯🏆 - 1490
⚠️ Stoploss ☠️🚫 - 1352
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
PATANJALI | Investment Pick📊 DETAILS
Sector: Vegetable Oils & Products
Mkt Cap: 60,981 cr
Ruchi Soya Industries Limited is engaged primarily in the business of processing of oil-seeds and refining of oil for edible use.
TTM PE : 69.68 (High PE)
Sector PE : 57.78
Beta : 1.01
📚 INSIGHTS
Mid range performer
Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest.
2.49% away from 52 week high
Outperformer - Patanjali Foods up by 5.11% v/s NIFTY 50 up by 3.54% in last 1 month
📈 FINANCIALS
Piotroski Score of 4/9 indicates Weak Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com
Patanjali Foods Ltd. Long tradeNSE: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..
patanjali time to book profits booked profits today will accumulate again on lower levels
suddenly there are a lot of buy calls on Patanjali from various broking houses for me i like to take lonely trades never follow the crowded trade there was no coverage when the stock was at 1000 levels suddenly there are a lot of buy calls coming from many directions that is a warning signal i will add on lower levels and not comfortable with the stock gaining so much limelight
and technically also there are few early signal of a pullback on daily charts rsi is facing resistance on 60/65 levels and has completed 5 up waves and is going into a correction waves and on weekly has completed third wave on weekly i will wait for 4th downwave completion and then renter again this is just a pullback in the stock major trend is intact
PATANJALI - Ichimoku Bullish Breakout Stock Name - Patanjali Foods Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 1400
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
Picture-perfect symmetrical triangleChart -> Patanjali Weekly
High volatile stock, but the pattern is superior to anything!
A picture-perfect symmetrical triangle breakout in Patanjali can take it to an all-time high again.
CMP: 1256
Good to add: 1140 to 1200
Target: 1370, 1515
SL: 1100, weekly close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.