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(PATELENG) Patel Engineering complete technical analysis [charts+indicators] | Buy/Sell Patel Engineering | (PATELENG) share price targets

Complete technical analysis of Patel Engineering (PATELENG) by charts plus indicators, forecast predictions and share price targets for Patel Engineering (PATELENG)

Patel Engineering trades in NSE in Construction & Engineering sector.

10 day averaged volume of Patel Engineering is 5354571

Date	Daily Closing Price	Open	High	Low	Volume
12 Mon May 2025	44.60	44.00	45.00	43.10	0.742 times
09 Fri May 2025	41.47	40.00	41.75	39.72	0.515 times
08 Thu May 2025	41.93	43.51	43.90	41.00	0.437 times
07 Wed May 2025	43.38	42.25	43.61	41.60	0.708 times
06 Tue May 2025	42.46	45.00	45.00	42.00	1.124 times
05 Mon May 2025	43.00	42.74	43.30	42.26	0.443 times
02 Fri May 2025	42.58	43.00	43.74	41.95	0.518 times
30 Wed Apr 2025	42.66	44.00	44.34	42.30	0.576 times
29 Tue Apr 2025	44.43	45.00	45.70	43.06	0.643 times
28 Mon Apr 2025	44.84	46.00	46.14	44.37	1.111 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 44.4, but if it comes below 44.4, then a intra day sell could be more profitable.
If you take a sell trade below 44.4, then use 44.4 as stoploss and 42.85 as target. However if you take a buy trade in stock , then use 44.4 as stoploss and 46.2 as target.

Share price targets for Patel Engineering (PATELENG)

Target Type	Value
Downside Target	35.68
Downside Target	38.53
Downside Target	39.72
Downside Target	43.10
Downside Target	44.40
Upside Target	45.00
Upside Target	46.14
Upside Target	48.60
Upside Target	48.95
Upside Target	53.70

Intraday share price targets for Patel Engineering (PATELENG)

Target Type	Value
Downside Intraday Target	43.47
Downside Intraday Target	42.33
Upside Intraday Target	45.37
Upside Intraday Target	46.13
Downside Intraday Target	44.23

Weekly technical analysis of Patel Engineering (PATELENG)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Mon May 2025	44.60	44.00	45.00	43.10	0.23 times
09 Fri May 2025	41.47	42.74	45.00	39.72	1.133 times
02 Fri May 2025	42.58	46.00	46.14	41.95	0.433 times
25 Fri Apr 2025	45.35	42.34	48.60	41.96	4.795 times
17 Thu Apr 2025	42.34	40.80	43.19	40.51	0.751 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Patel Engineering (PATELENG)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Mon May 2025	44.60	43.00	45.00	39.72	0.314 times
30 Wed Apr 2025	42.66	39.08	48.60	35.68	0.887 times
28 Fri Mar 2025	39.08	43.44	44.40	38.53	1.463 times
28 Fri Feb 2025	43.44	47.75	48.95	41.27	0.807 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Patel Engineering (PATELENG)

Price action analysis of Patel Engineering ( (PATELENG) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Patel Engineering ( (PATELENG) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Patel Engineering ( (PATELENG) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Patel Engineering ( (PATELENG) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Patel Engineering stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Patel Engineering in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Patel Engineering Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Patel Engineering in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Patel Engineering is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 43.31 and Patel Engineering (PATELENG) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Patel Engineering (PATELENG) stock. Volume based technical analysis of Patel Engineering (PATELENG) stock is negative.

Patel Engineering Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.