Patel Engg (531120) Technical (Analysis) Reports Patel Engg ["Technical Analysis"] Reports -BSE Stock Exchange MunafaSutra.com
Complete & easy to understand technical analysis of Patel Engg (531120)
Technical Analysis Report for BSE stock 531120 Patel Engg. Dated: 18 Jun 2026 Updated Daily. Stock trades in BSE stock exchange
If you are looking for Tomorrow's Movement Predictions for BSE stock 531120 Patel Engg then click here. or read Experts views on Patel Engg or Forecast & share price targets of Patel Engg
Patel Engg Opened at 30.84 and Closed at: 30.06, which is -2.06% of previous session's close. It moved within a range of 29.86 and 31.02
The session was a Bearish session with an average volume of 549334, which is -307.12% of previous session's volumes.
- Even though the stock has fallen, but its short term trend is positive and in an uptrend.
- Even though the stock has fallen, but its mid term trend is positive and in an uptrend.
- The stock has fallen, and its long term trend is also negative and in a downtrend.
A Golden cross was found 2 days back on mid term averages
A Dead cross was found 7 days back on mid term averages
Support for tomorrow is 29.38 and resistance for tomorrow is 30.54
These support and resistance points are valid for the first 5-15 minutes charts
Above are simple pivot point calculations. For a list of much stronger support and resistance levels click here. These are way more stronger support and resistance levels, and mark trend reversals and are Support & Resistance levels recommended by experts.
Support for tomorrow's hourly charts is 29.61, 29.15 resistance for tomorrow's hourly charts is 30.77, 31.47
10 Day SMA for Patel Engg (531120) is 27.88 and stock is trading above these levels. This is a good sign for its short term trend
20 Day SMA for Patel Engg (531120) is 27.26 and the stock is trading above these levels. This is a good sign for its mid term trend
50 Day SMA for Patel Engg (531120) is 27.45 and the stock is trading above these levels. This is a good sign for its mid to long term trend
100 Day SMA is 27.19 and the stock is trading above these levels. This is a good sign for its long term trend
200 Day SMA Patel Engg is 30.87 and stock is trading below these levels. This is not a good sign for its long term trend
20 DMA of Patel Engg is at 27.26 and 200 DMA is at 30.87, while 50 DMA and 100 DMA are at 27.45 and 27.19 respectively
Patel Engg (531120) moving average of 20 SMA is at 27.26 and 20 EMA is at 27.71
| Date | Closing Price | 20 SMA | 20 EMA |
| 18 Thu Jun | 30.06 | 27.26 | 27.71 |
| 17 Wed Jun | 30.68 | 27.05 | 27.46 |
| 16 Tue Jun | 28.66 | 26.81 | 27.12 |
| 15 Mon Jun | 27.68 | 26.66 | 26.96 |
| 12 Fri Jun | 27.29 | 26.59 | 26.88 |
| 11 Thu Jun | 26.22 | 26.56 | 26.84 |
Patel Engg (531120) moving average of 50 SMA is at 27.45 and 50 EMA is at 27.36
| Date | Closing Price | 50 SMA | 50 EMA |
| 18 Thu Jun | 30.06 | 27.45 | 27.36 |
| 17 Wed Jun | 30.68 | 27.34 | 27.25 |
| 16 Tue Jun | 28.66 | 27.22 | 27.11 |
| 15 Mon Jun | 27.68 | 27.13 | 27.05 |
| 12 Fri Jun | 27.29 | 27.02 | 27.02 |
| 11 Thu Jun | 26.22 | 26.94 | 27.01 |
Patel Engg (531120) moving average of 100 SMA is at 27.19 and 100 EMA is at 28.03
| Date | Closing Price | 100 SMA | 100 EMA |
| 18 Thu Jun | 30.06 | 27.19 | 28.03 |
| 17 Wed Jun | 30.68 | 27.18 | 27.99 |
| 16 Tue Jun | 28.66 | 27.17 | 27.94 |
| 15 Mon Jun | 27.68 | 27.19 | 27.93 |
| 12 Fri Jun | 27.29 | 27.18 | 27.94 |
| 11 Thu Jun | 26.22 | 27.18 | 27.95 |
Patel Engg (531120) moving average of 200 SMA is at 30.87 and 200 EMA is at 31.08
| Date | Closing Price | 200 SMA | 200 EMA |
| 18 Thu Jun | 30.06 | 30.87 | 31.08 |
| 17 Wed Jun | 30.68 | 30.92 | 31.09 |
| 16 Tue Jun | 28.66 | 30.96 | 31.09 |
| 15 Mon Jun | 27.68 | 31.02 | 31.11 |
| 12 Fri Jun | 27.29 | 31.07 | 31.14 |
| 11 Thu Jun | 26.22 | 31.13 | 31.18 |
Patel Engg Technical analysis of indicators
Price action analysis of Patel Engg (531120) 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.
ADX buy sell signal for Patel Engg stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Patel Engg in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Patel Engg 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 green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a buy signal for Patel Engg in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 29.09 and Patel Engg 531120 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 Engg 531120 stock. Volume based technical analysis of Patel Engg 531120 stock is negative.
Patel Engg 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.
Tomorrow's Predictions
You should also read Tomorrow's Movement Predictions for BSE stock 531120 Patel Engg These predictions are based on various factors, are easy to understand, and upto 75% accurate!
And 531120 Experts View which covers a lot of information including buying and selling signals
531120 future forecast & share price targets
You can also take a look at the Charts and indicator analysis here Announcements & NEWS by Patel Engg or View Candle Stick Charts here
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