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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 2025-04-21 View latest technical analysis

10 day averaged volume of Patel Engineering is 2629004

Date	Daily Closing Price	Open	High	Low	Volume
21 Mon Apr 2025	43.18	42.34	43.49	41.96	1.011 times
17 Thu Apr 2025	42.34	42.54	42.80	41.80	0.718 times
16 Wed Apr 2025	42.54	41.41	43.19	41.41	1.305 times
15 Tue Apr 2025	41.39	40.80	41.54	40.51	0.772 times
11 Fri Apr 2025	39.87	40.43	40.60	39.51	0.546 times
09 Wed Apr 2025	39.26	39.64	39.79	38.99	0.58 times
08 Tue Apr 2025	39.86	39.40	40.15	39.40	0.894 times
07 Mon Apr 2025	38.28	36.50	38.60	35.68	1.7 times
04 Fri Apr 2025	40.03	41.51	41.80	39.85	1.183 times
03 Thu Apr 2025	41.81	39.60	41.92	39.60	1.29 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 42.4, but if it comes below 42.4, then a intra day sell could be more profitable.
If you take a sell trade below 42.4, then use 42.4 as stoploss and 40.96 as target. However if you take a buy trade in stock , then use 42.4 as stoploss and 44.1 as target.

Share price targets for Patel Engineering (PATELENG)

Target Type	Value
Downside Target	35.68
Downside Target	38.53
Downside Target	40.51
Upside Target	43.19
Upside Target	43.49
Upside Target	44.40
Upside Target	44.61
Upside Target	48.95
Upside Target	50.70
Upside Target	53.70
Upside Target	59.55

Intraday share price targets for Patel Engineering (PATELENG)

Target Type	Value
Downside Intraday Target	42.26
Downside Intraday Target	41.35
Upside Intraday Target	43.79
Upside Intraday Target	44.41
Downside Intraday Target	42.88

Weekly technical analysis of Patel Engineering (PATELENG)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Mon Apr 2025	43.18	42.34	43.49	41.96	0.362 times
17 Thu Apr 2025	42.34	40.80	43.19	40.51	0.751 times
11 Fri Apr 2025	39.87	36.50	40.60	35.68	0.843 times
04 Fri Apr 2025	40.03	39.08	41.92	39.08	0.383 times
28 Fri Mar 2025	39.08	43.50	44.40	39.00	1.342 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
21 Mon Apr 2025	43.18	39.08	43.49	35.68	0.364 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
31 Fri Jan 2025	49.61	51.97	53.70	44.61	0.759 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 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 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 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 40.81 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 rising upwards.

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 is giving positive 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.