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: 15 May 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 27.20 and Closed at: 26.27, which is -1.64% of previous session's close. It moved within a range of 26.13 and 27.29
The session was a Bearish session with an average volume of 651518, which is 48.16% of previous session's volumes.
- The stock has fallen, and its mid term trend is also negative and in a downtrend.
- The stock has fallen, and its long term trend is also negative and in a downtrend.
A Dead cross was found 2 days back on short term averages
Support for tomorrow is 25.62 and resistance for tomorrow is 26.78
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 25.84, 25.4 resistance for tomorrow's hourly charts is 27, 27.72
10 Day SMA for Patel Engg (531120) is 27.94 and stock is trading below these levels. This is not a good sign for its short term trend
20 Day SMA for Patel Engg (531120) is 28.1 and the stock is trading below these levels. This is not a good sign for its mid term trend
50 Day SMA for Patel Engg (531120) is 26.42 and the stock is trading below these levels. This is not a good sign for its mid to long term trend
100 Day SMA is 27.62 and the stock is trading below these levels. This is not a good sign for its long term trend
200 Day SMA Patel Engg is 32.15 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 28.1 and 200 DMA is at 32.15, while 50 DMA and 100 DMA are at 26.42 and 27.62 respectively
Patel Engg (531120) moving average of 20 SMA is at 28.1 and 20 EMA is at 27.59
| Date | Closing Price | 20 SMA | 20 EMA |
| 15 Fri May | 26.27 | 28.1 | 27.59 |
| 14 Thu May | 26.70 | 28.2 | 27.73 |
| 13 Wed May | 27.31 | 28.25 | 27.84 |
| 12 Tue May | 26.77 | 28.21 | 27.9 |
| 11 Mon May | 27.94 | 28.23 | 28.02 |
| 08 Fri May | 28.85 | 28.14 | 28.03 |
Patel Engg (531120) moving average of 50 SMA is at 26.42 and 50 EMA is at 27.4
| Date | Closing Price | 50 SMA | 50 EMA |
| 15 Fri May | 26.27 | 26.42 | 27.4 |
| 14 Thu May | 26.70 | 26.46 | 27.45 |
| 13 Wed May | 27.31 | 26.49 | 27.48 |
| 12 Tue May | 26.77 | 26.51 | 27.49 |
| 11 Mon May | 27.94 | 26.53 | 27.52 |
| 08 Fri May | 28.85 | 26.52 | 27.5 |
Patel Engg (531120) moving average of 100 SMA is at 27.62 and 100 EMA is at 28.54
| Date | Closing Price | 100 SMA | 100 EMA |
| 15 Fri May | 26.27 | 27.62 | 28.54 |
| 14 Thu May | 26.70 | 27.65 | 28.59 |
| 13 Wed May | 27.31 | 27.67 | 28.63 |
| 12 Tue May | 26.77 | 27.7 | 28.66 |
| 11 Mon May | 27.94 | 27.74 | 28.7 |
| 08 Fri May | 28.85 | 27.77 | 28.72 |
Patel Engg (531120) moving average of 200 SMA is at 32.15 and 200 EMA is at 32.08
| Date | Closing Price | 200 SMA | 200 EMA |
| 15 Fri May | 26.27 | 32.15 | 32.08 |
| 14 Thu May | 26.70 | 32.21 | 32.14 |
| 13 Wed May | 27.31 | 32.28 | 32.19 |
| 12 Tue May | 26.77 | 32.34 | 32.24 |
| 11 Mon May | 27.94 | 32.4 | 32.3 |
| 08 Fri May | 28.85 | 32.47 | 32.34 |
Patel Engg Technical analysis of indicators
Price action analysis of Patel Engg (531120) 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.
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 but the sell signal is initial and weak.
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 green color and prices are in or below the green 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 27.76 and Patel Engg 531120 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 531120 stock. Volume based technical analysis of Patel Engg 531120 stock is negative.
Patel Engg Stock has given negative 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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