Patanjali Foods Ltd. Long trade

4 Jun 2023

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..

16 Jun 2023

Trade aktif

Good bounce from the resistance of 1050

17 Jun 2023

Trade aktif

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

21 Jun 2023

Trade aktif

Our Second target of 1200 hit.

26 Jun 2023

Trade aktif

4 Jul 2023

Trade aktif

10 Jul 2023

Trade aktif

12 Jul 2023

Trade aktif

14 Jul 2023

Catatan

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

19 Jul 2023

Trade aktif

50+ in a Day, Patanjali food hits our 3rd target of 1300.

31 Jul 2023

Catatan

Happy to see the performance of Patanjali foods. we r almost 300+ pts up.

4 Agu 2023

Catatan

Our 4th Target of 1375 achieved..

5 Des 2023

Catatan

According to sentiment and channel analysis, this stock could soon reach 1600, despite its all-time high of 1519.

7 Des 2023

Trade aktif

"We have achieved our target of 1600."

23 Des 2023

Catatan

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.

9 Mar 2024

Trade aktif

It would be better to book profits below 1500.///