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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 2025-03-24 View latest technical analysis

10 day averaged volume of Patel Engineering is 4181348

Date	Daily Closing Price	Open	High	Low	Volume
24 Mon Mar 2025	43.27	43.50	44.40	43.15	0.984 times
21 Fri Mar 2025	43.21	41.50	43.60	41.50	1.427 times
20 Thu Mar 2025	41.49	42.49	42.80	41.40	0.765 times
19 Wed Mar 2025	41.40	40.57	41.75	40.43	0.981 times
18 Tue Mar 2025	40.18	39.25	40.39	39.01	0.922 times
17 Mon Mar 2025	38.71	40.78	40.78	38.53	1.304 times
13 Thu Mar 2025	40.24	41.10	41.45	40.20	0.81 times
12 Wed Mar 2025	40.76	41.20	42.94	40.60	1.111 times
11 Tue Mar 2025	41.11	41.40	41.66	40.48	1.067 times
10 Mon Mar 2025	41.84	43.01	43.81	41.67	0.743 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 43.6 as stoploss in an intra day sell trade for a target of 42.09. However, stock will show a bullish move above 43.6.

Share price targets for Patel Engineering (PATELENG)

Target Type	Value
Downside Target	38.53
Downside Target	40.20
Downside Target	41.27
Downside Target	43.15
Upside Target	44.61
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	42.81
Downside Intraday Target	42.36
Upside Intraday Target	44.06
Upside Intraday Target	44.86
Upside Intraday Target	43.61

Weekly technical analysis of Patel Engineering (PATELENG)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Mon Mar 2025	43.27	43.50	44.40	43.15	0.182 times
21 Fri Mar 2025	43.21	40.78	43.60	38.53	1.447 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

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
24 Mon Mar 2025	43.27	43.44	44.40	38.53	1.019 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Patel Engineering ( (PATELENG) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 Weak and stock is gaining momentum.

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

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

Patel Engineering Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 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 41.22 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 negative.

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