Nice move in Patanjali caught. All 4 targets met. Closed 50% position and holding the remaining 50% Trailing stop loss at 1768 Enjoy the ride! ;)
1. HH & HL - Market Structure formation 2. Break of Structure 3. 50% EMA support 4. Volume spike 5. ADX - starts to show the strength of the trend 6. Fundamentally looks good.
Patanjali Foods Ltd has demonstrated a significant bullish breakout supported by strong volume. The ascending trend line confirms the upward momentum. This breakout signals potential for further upward movement, as indicated by the strong buying interest and RSI close to the overbought zone.
PFL has formed a long-term Flag pattern and has reached a resistance level. A breach of this resistance shall entail a rise in price level by another INR 1000 from current levels. Let us keep track of it. #patanjalifoodsltd #patanjalifoods #patanjali #patanjalitechnicalstudy #patanjaliflagpattern #patanjalipricelevel #patanjalipricetarget
PATANJALI gave a clear entry on April 16, good breakout with volume. Has hit our 3rd target so far and is likely to hit all targets in a weeks time.
📊 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...
I personally follow patanjali last few months that share hold multiple setup but pure shot on fab points 1. hold triple top on monthly 2. same triple top on weekly on H4 3 .Range breakout 4. perfect take support on fab. 0.5 point 5. upper fab point is very exited hope for the best in negative sentiment market.
Patanjali Foods is one of the leading FMCG (Fast Moving Consumer Goods) player in India for producer and marketer of range of healthy edible oils and pioneer of Soya food products . The company owns 22 manufacturing plants that gives a strength of manufacturing and packaging 11000 tones material per day. It also one of the largest palm plantation company in India....
Here in Patanjali Foods, we can see that price action is headed towards a narrow range and soon it will be explode either ways. One can be accumulate this share with the following target (but only after breakout from Rs 970 level) 1st target - Rs 1000 2nd target - Rs 1031 Stop Loss - Rs 930 Enjoy your Trade well and be profitable with short targets in Share market.
Inverted head and shoulder on Patanjali foods Close below 1300 could be a good short candidate
Ruchi's structure looks like a big rally coming soon might make new highs . Good luck lets see how it plays...
RUCHI SOYA IND 60MIN is trading in a range for a long time breakout is done of the long trendline and the second trendline is also there of orange color that the stock is making, breakout of this can give bullish momentum. Bullish divergence is also there. Also we can see there is strong long term support on 1040 price level and we can see that stock many times...