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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.

Showing technical analysis as on 2025-03-17 View latest technical analysis

10 day averaged volume of Patel Engineering is 3732716

Date	Daily Closing Price	Open	High	Low	Volume
17 Mon Mar 2025	38.71	40.78	40.78	38.53	1.461 times
13 Thu Mar 2025	40.24	41.10	41.45	40.20	0.907 times
12 Wed Mar 2025	40.76	41.20	42.94	40.60	1.245 times
11 Tue Mar 2025	41.11	41.40	41.66	40.48	1.195 times
10 Mon Mar 2025	41.84	43.01	43.81	41.67	0.832 times
07 Fri Mar 2025	43.48	42.82	44.10	42.69	0.973 times
06 Thu Mar 2025	42.81	42.56	43.35	42.52	0.75 times
05 Wed Mar 2025	42.33	41.41	42.49	41.41	0.865 times
04 Tue Mar 2025	41.41	40.80	42.59	40.70	0.912 times
03 Mon Mar 2025	41.24	43.44	43.81	40.46	1.238 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 39, for a target of 41 or 42.67

Share price targets for Patel Engineering (PATELENG)

Target Type	Value
Downside Target	38.53
Upside Target	40.20
Upside Target	42.60
Upside Target	43.81
Upside Target	44.61
Upside Target	46.22
Upside Target	46.90
Upside Target	48.95
Upside Target	50.70
Upside Target	53.70
Upside Target	54.40
Upside Target	59.55

Intraday share price targets for Patel Engineering (PATELENG)

Target Type	Value
Downside Intraday Target	37.9
Downside Intraday Target	37.09
Upside Intraday Target	40.15
Upside Intraday Target	41.59
Upside Intraday Target	39.34

Weekly technical analysis of Patel Engineering (PATELENG)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Mon Mar 2025	38.71	40.78	40.78	38.53	0.349 times
13 Thu Mar 2025	40.24	43.01	43.81	40.20	0.882 times
07 Fri Mar 2025	43.48	43.44	44.10	40.46	1.675 times
28 Fri Feb 2025	43.44	44.01	44.61	41.27	0.663 times
21 Fri Feb 2025	44.96	44.74	46.22	42.60	0.687 times

Price has moved down 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
17 Mon Mar 2025	38.71	43.44	44.10	38.53	0.658 times
28 Fri Feb 2025	43.44	47.75	48.95	41.27	0.807 times
31 Fri Jan 2025	49.61	51.97	53.70	44.61	0.759 times
31 Tue Dec 2024	51.97	53.49	59.55	50.70	1.049 times

Scroll below to view daily charts

Price has moved down 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 gaining 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Patel Engineering in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 41.2 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.