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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 2025-03-17 View latest technical analysis

10 day averaged volume of Patel Engg is 510835

Date	Daily Closing Price	Open	High	Low	Volume
17 Mon Mar 2025	38.72	40.48	40.79	38.40	2.242 times
13 Thu Mar 2025	40.28	41.05	41.73	40.20	1.075 times
12 Wed Mar 2025	40.86	41.01	42.90	40.67	1.296 times
11 Tue Mar 2025	41.11	41.50	41.67	40.44	1.491 times
10 Mon Mar 2025	41.86	43.64	43.87	41.68	0.873 times
07 Fri Mar 2025	43.51	43.09	44.06	42.81	0.391 times
06 Thu Mar 2025	42.80	42.50	43.32	42.50	0.466 times
05 Wed Mar 2025	42.32	41.97	42.48	41.45	0.509 times
04 Tue Mar 2025	41.40	40.51	42.58	40.51	0.679 times
03 Mon Mar 2025	41.23	43.73	43.86	40.46	1.751 times

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

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 42.68

Share price targets for Patel Engg (PatelEngg)

Target Type	Value
Downside Target	38.40
Upside Target	40.20
Upside Target	42.61
Upside Target	43.87
Upside Target	44.66
Upside Target	46.20
Upside Target	46.92
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	37.82
Downside Intraday Target	36.91
Upside Intraday Target	40.21
Upside Intraday Target	41.69
Upside Intraday Target	39.3

Weekly technical analysis of Patel Engg (PatelEngg)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Mon Mar 2025	38.72	40.48	40.79	38.40	0.474 times
13 Thu Mar 2025	40.28	43.64	43.87	40.20	1.247 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

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
17 Mon Mar 2025	38.72	43.73	44.06	38.40	0.658 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 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 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 SELL signal for Patel Engg in short term and the sell signal is strong.

Patel Engg 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 Engg 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 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 40.82 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.