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

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

Showing technical analysis as on 2025-03-11 View latest technical analysis

10 day averaged volume of Patel Engg is 361852

Date	Daily Closing Price	Open	High	Low	Volume
11 Tue Mar 2025	41.11	41.50	41.67	40.44	2.104 times
10 Mon Mar 2025	41.86	43.64	43.87	41.68	1.232 times
07 Fri Mar 2025	43.51	43.09	44.06	42.81	0.552 times
06 Thu Mar 2025	42.80	42.50	43.32	42.50	0.658 times
05 Wed Mar 2025	42.32	41.97	42.48	41.45	0.719 times
04 Tue Mar 2025	41.40	40.51	42.58	40.51	0.959 times
03 Mon Mar 2025	41.23	43.73	43.86	40.46	2.471 times
28 Fri Feb 2025	43.45	42.00	43.88	41.30	2.073 times
27 Thu Feb 2025	42.37	44.19	44.19	42.10	0.447 times
25 Tue Feb 2025	43.52	44.00	44.63	43.30	0.611 times

Stock of Patel Engg (PatelEngg) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 42, but if it comes above 42, then a intra day buy could be more profitable.
If you take a sell trade below 42, then use 42 as stoploss and 40 as target. However if you take a buy trade in stock , then use 42 as stoploss and 43.57 as target.

Share price targets for Patel Engg (PatelEngg)

Target Type	Value
Downside Target	40.44
Upside Target	41.30
Upside Target	42.51
Upside Target	43.87
Upside Target	46.20
Upside Target	46.92
Upside Target	48.50
Upside Target	48.89
Upside Target	50.59
Upside Target	53.69
Upside Target	54.40
Upside Target	59.50

Intraday share price targets for Patel Engg (PatelEngg)

Target Type	Value
Downside Intraday Target	39.74
Downside Intraday Target	38.38
Upside Intraday Target	43.17
Upside Intraday Target	45.24
Upside Intraday Target	41.81

Weekly technical analysis of Patel Engg (PatelEngg)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Tue Mar 2025	41.11	43.64	43.87	40.44	0.623 times
07 Fri Mar 2025	43.51	43.73	44.06	40.46	1.573 times
28 Fri Feb 2025	43.45	44.50	44.63	41.30	0.505 times
21 Fri Feb 2025	44.91	44.65	46.20	42.61	0.738 times
14 Fri Feb 2025	44.63	47.50	48.50	42.51	2.411 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 Engg (PatelEngg)

Date	Monthly Closing Price	Open	High	Low	Volume
11 Tue Mar 2025	41.11	43.73	44.06	40.44	0.376 times
28 Fri Feb 2025	43.45	48.00	48.89	41.30	1.034 times
31 Fri Jan 2025	49.55	51.71	53.69	44.66	0.868 times
31 Tue Dec 2024	51.94	53.84	59.50	50.59	0.712 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 Engg (PatelEngg)

Price action analysis of Patel Engg ( (PatelEngg) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Patel Engg ( (PatelEngg) ) 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 Engg ( (PatelEngg) ) 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 Engg stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

Patel Engg 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 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 Engg in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 42.1 and Patel Engg (PatelEngg) 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 Engg (PatelEngg) stock. Volume based technical analysis of Patel Engg (PatelEngg) stock is negative.

Patel Engg 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.