Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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.

Showing technical analysis as on 2025-01-01 View latest technical analysis

10 day averaged volume of Patel Engineering is 2803245

Date	Daily Closing Price	Open	High	Low	Volume
01 Wed Jan 2025	52.06	51.97	52.57	51.70	0.679 times
31 Tue Dec 2024	51.97	50.90	52.14	50.79	0.794 times
30 Mon Dec 2024	50.88	51.99	52.09	50.70	0.903 times
27 Fri Dec 2024	51.99	52.57	52.82	51.90	0.653 times
26 Thu Dec 2024	52.12	52.86	53.10	51.89	0.631 times
24 Tue Dec 2024	52.42	52.10	53.15	51.80	0.944 times
23 Mon Dec 2024	52.10	53.30	53.97	52.03	1.099 times
20 Fri Dec 2024	53.05	55.00	55.70	52.21	1.366 times
19 Thu Dec 2024	55.30	54.50	55.60	54.34	1.329 times
18 Wed Dec 2024	55.97	57.16	57.34	55.79	0.883 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 52.5, but if it comes above 52.5, then a intra day buy could be more profitable.
If you take a sell trade below 52.5, then use 52.5 as stoploss and 49.5 as target. However if you take a buy trade in stock , then use 52.5 as stoploss and 55.07 as target.

Share price targets for Patel Engineering (PATELENG)

Target Type	Value
Downside Target	46.25
Downside Target	50.70
Upside Target	53.97
Upside Target	55.12
Upside Target	55.45
Upside Target	57.90
Upside Target	58.10
Upside Target	59.40
Upside Target	59.55
Upside Target	62.80

Intraday share price targets for Patel Engineering (PATELENG)

Target Type	Value
Downside Intraday Target	50.98
Downside Intraday Target	49.91
Upside Intraday Target	52.85
Upside Intraday Target	53.65
Downside Intraday Target	51.78

Weekly technical analysis of Patel Engineering (PATELENG)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Wed Jan 2025	52.06	51.99	52.57	50.70	0.714 times
27 Fri Dec 2024	51.99	53.30	53.97	51.80	0.437 times
20 Fri Dec 2024	53.05	58.20	59.55	52.21	0.782 times
13 Fri Dec 2024	57.94	57.55	59.40	55.45	0.821 times
06 Fri Dec 2024	57.48	53.49	57.90	52.55	1.906 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
01 Wed Jan 2025	52.06	51.97	52.57	51.70	0.02 times
31 Tue Dec 2024	51.97	53.49	59.55	50.70	1.049 times
29 Fri Nov 2024	53.21	51.74	54.40	46.90	0.909 times
31 Thu Oct 2024	51.56	56.99	58.10	46.25	0.61 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 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 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 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 SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Patel Engineering in short term and the sell signal is strong.

Patel Engineering Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Patel Engineering in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY 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 52.96 and Patel Engineering (PATELENG) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.

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