Parag Milk Foods Ltd – Techno-Funda View

Technical View Structure has shifted from strong uptrend to corrective consolidation Price is holding near an important demand zone around ₹290–300 Previous resistance near ₹325 now acts as supply Current phase looks like base formation after sharp rally Fundamental View Strong brands like Gowardhan and Go Cheese Margin pressure due to raw milk price volatility Gradual improvement in balance sheet, but profitability still stabilising Overall Summary Structurally in digestion phase after a sharp move Needs time and confirmation for trend continuation