PATANJALI - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.1
| Stock Code | PATANJALI | Market Cap | 49,993 Cr. | Current Price | 459 ₹ | High / Low | 654 ₹ |
| Stock P/E | 29.8 | Book Value | 111 ₹ | Dividend Yield | 0.76 % | ROCE | 15.6 % |
| ROE | 12.1 % | Face Value | 2.00 ₹ | DMA 50 | 484 ₹ | DMA 200 | 534 ₹ |
| Chg in FII Hold | -1.62 % | Chg in DII Hold | -0.98 % | PAT Qtr | 624 Cr. | PAT Prev Qtr | 517 Cr. |
| RSI | 41.4 | MACD | -5.54 | Volume | 18,95,822 | Avg Vol 1Wk | 22,12,866 |
| Low price | 451 ₹ | High price | 654 ₹ | PEG Ratio | 1.71 | Debt to equity | 0.24 |
| 52w Index | 4.35 % | Qtr Profit Var | 68.2 % | EPS | 15.2 ₹ | Industry PE | 22.0 |
Chart Patterns & Moving Averages: PATANJALI is trading below both its 50 DMA (₹484) and 200 DMA (₹534), confirming medium-term weakness. Price action shows support near ₹450–₹455 and resistance around ₹480–₹490.
RSI & Momentum: RSI at 41.4 indicates weak momentum, leaning toward oversold conditions. MACD at -5.54 is bearish, confirming downward bias.
Bollinger Bands: Price is near the lower band, suggesting oversold conditions and potential short-term consolidation.
Volume Trends: Current volume (18.9L) is below average (22.1L), showing reduced participation and weakening conviction.
Entry/Exit Zones:
- **Entry:** ₹450–₹460 (near support zone)
- **Exit:** ₹480–₹490 (resistance zone)
- **Stop-loss:** ₹445 (below support)
Trend Status: Downtrend with weak momentum; possible consolidation near support but reversal signals absent.
Positive
- EPS at ₹15.2 remains positive.
- PEG ratio at 1.71 indicates fair growth-adjusted valuation.
- ROCE (15.6%) and ROE (12.1%) reflect moderate profitability.
- PAT growth quarter-on-quarter (₹517 Cr → ₹624 Cr).
Limitation
- Price trading below both DMA 50 and DMA 200.
- RSI and MACD show weak momentum.
- Dividend yield low (0.76%).
- Valuation slightly above industry PE (29.8 vs 22.0).
Company Negative News
- FII holding decreased (-1.62%).
- DII holding decreased (-0.98%).
- Price near 52-week low zone with limited upside.
Company Positive News
- PAT growth strong (+68.2% quarterly variation).
- EPS positive with improving profitability.
- Domestic demand outlook remains steady.
Industry
- Industry PE at 22.0, lower than PATANJALI’s valuation.
- FMCG sector supported by steady demand but competitive pressures remain.
- Peers offer stronger technical momentum.
Conclusion
PATANJALI is in a downtrend with weak technical momentum but improving earnings fundamentals. Entry near ₹450–₹460 offers limited upside toward ₹480–₹490, but strict stop-loss discipline at ₹445 is essential. Suitable for cautious swing trades; long-term investors should remain wary until technical strength improves.
This HTML report highlights PATANJALI’s weak technicals despite improving profitability. Would you like me to add a sector overlay comparing PATANJALI with peers like Dabur, HUL, and ITC to benchmark its relative strength and valuation positioning?