PATANJALI should give positive move today i am expecting 6 rs upmove from here
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PATANJALI should give positive move today i am expecting 6 rs upmove from here
PATANJALI Delivery Buy PATANJALI Above 1663 Stop Loss 1560 Targets 1765-1870
PATANJALI #PATANJALI
STOCK NAME: PATANJALI FOODS LTD (NSE)
CHART ANALYSIS:
Price has broken out of a long consolidation range. Strong bearish candles indicate downside momentum. Ideal shorting opportunity for swing traders.
TREND: DOWNTREND
SUPPORT: 1570 - 1600
RESISTANCE: *1880-1930
TRADE:
SELL BELOW 1670
Target 1: *1620
Target 2: *1575
Target 3: *1520
Stop Loss: *1750
▲ I AM NOT SEBI REGISTERED. THIS IS ONLY FOR EDUCATIONAL PURPOSES.
PATANJALI FOODS LTD
PATANJALI FOODS: TECHNICAL BREAKOUT ANALYSIS
Patanjali Foods has demonstrated a compelling technical breakout, surpassing the key resistance level of ₹1,905 on April 15th. The stock is currently trading at *1,967, maintaining strength above the breakout threshold.
I've deliberately delayed sharing this analysis for 10 days to confirm pattern validity. During this period, the stock has established credibility through:
Consistent rejection tests with long lower wicks at upper price levels
Sustained buying pressure despite pullbacks
Healthy accumulation of new institutional positions
Based on current technical indicators, Patanjali Foods shows potential to reach a target of *2,100.
Investors should consider the following approach:
Watch for behavior at the psychological resistance of *2,000
Validate this analysis with your own technical assessment before entering Consider implementing strategic entry positions once confirming the trend continuation
This structured opportunity presents an attractive risk-reward scenario for those monitoring technical breakouts in the consumer goods sector. Retry Claude can make mistakes.
Please double-check responses. 3.7 Sonnet Chat controls 3.7 Sonnet Our most intelligent model yet Learn more Content
PATANJALI FOODS: TECHNICAL BREAKOUT ANALYSIS
Patanjali Foods has demonstrated a compelling technical breakout, surpassing the key resistance level of ₹1,905 on April 15th. The stock is currently trading at *1,967, maintaining strength above the breakout threshold.
I've deliberately delayed sharing this analysis for 10 days to confirm pattern validity. During this period, the stock has established credibility through:
Consistent rejection tests with long lower wicks at upper price levels
Sustained buying pressure despite pullbacks
Healthy accumulation of new institutional positions
Based on current technical indicators, Patanjali Foods shows potential to reach a target of *2,100.
Investors should consider the following approach:
Watch for behavior at the psychological resistance of *2,000
Validate this analysis with your own technical assessment before entering Consider implementing strategic entry positions once confirming the trend continuation
This structured opportunity presents an attractive risk-reward scenario for those monitoring technical breakouts in the consumer goods sector. Retry Claude can make mistakes.
Please double-check responses. 3.7 Sonnet Chat controls 3.7 Sonnet Our most intelligent model yet Learn more Content
PATANJALI this minute
#PATANJALI ENJOY SHORT TERM GAIN, SWING TRADE
TARGET - 1950
ENTRY - 1830
STOP LOSS - 1800
TIME FRAME - WEEKLY
TECHNICALS - BULLISH
THIS IS NOT ANY FINANCIAL ADVISE
Past 10 year's financial track record analysis by Moneyworks4me indicates that Patanjali Foods Ltd is a average quality company.
PATANJALI #PATANJALI
The stock took support at multiyear strong resistance.
We can see stock making new highs as volume is rising in
the stock, support of 50MA in weekly chart.
The ratio chart is also on breakout.
PATANJALI buying oppournity