Munafa PATEL ENGG. (531120) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow

PATEL ENGG. (531120) Indicator analysis

Patel Engg 531120 intraday stock tips

04 Thursday December Stock tips for Patel Engg Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

It appears as if Patel Engg 531120 gave a large move recently.

My analysis of Patel Engg is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Patel Engg stays below 33.6, but if it comes above 33.6, then a intra day buy could be more profitable.
If you take a sell trade below 33.6, then use 33.6 as stoploss and 32 as target. However if you take a buy trade in Patel Engg, then use 33.6 as stoploss and 34.97 as target.

03 Wednesday December Stock tips for Patel Engg Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

It appears as if Patel Engg 531120 gave a large move recently.

My analysis of Patel Engg is bearish for shortterm, and stock might move down till 33.9 or till 32.3. Use a stoploss of 35.18 and if the stock hits stoploss, then it can shoot up till 36.5

02 Tuesday December Stock tips for Patel Engg Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

It appears as if Patel Engg 531120 gave a large move recently.

My analysis of Patel Engg is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 33.8 as stoploss in an intra day buy trade for a target of 35.2. However, stock will show a bearish move below 33.8.

01 Monday December Stock tips for Patel Engg (531120) Stock is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

It appears as if Patel Engg 531120 gave a large move recently.

My analysis of Patel Engg is bullish for shortterm, and stock might move up till 36.7 or till 38.4. Use a stoploss of 35.28 and if this stock hits its stoploss, then it can fall down till 33.86

28 Friday November Stock tips for Patel Engg (531120) Stock is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

It appears as if Patel Engg 531120 gave a large move recently.

My analysis of Patel Engg is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 36.8 as stoploss in an intra day sell trade for a target of 35.27. However, stock will show a bullish move above 36.8.

27 Thursday November Stock tips for Patel Engg (531120) Stock is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

It appears as if Patel Engg 531120 gave a large move recently.

Although my analysis for Patel Engg is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 38.6, for a target of 36.7 or 35.17

26 Wednesday November Stock tips for Patel Engg Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

It appears as if Patel Engg 531120 gave a large move recently.

My analysis of Patel Engg is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Patel Engg stays below 33.4, but if it comes above 33.4, then a intra day buy could be more profitable.
If you take a sell trade below 33.4, then use 33.4 as stoploss and 31.6 as target. However if you take a buy trade in Patel Engg, then use 33.4 as stoploss and 34.88 as target.

Patel Engg 531120 tips for tomorrow

Tomorrow's movement Prediction of Patel Engg 531120 appears strongly Bearish. This stock started falling as soon as it opened and never recovered during the session. Generally this happens when there is a negative sentiment following the stock, making it unattractive. There's a good chance that this downfall will continue tomorrow as well. However, if it manages to close higher than where it opened today, then there might be a chance of reversal.

Tomorrow's movement Prediction of Patel Engg 531120 looks Bearish... There has been some negative changes in this stock and it appears that this sentiment can continue tomorrow.

Tomorrow's movement Prediction of Patel Engg 531120 is bearish. The stock has broken weekly support. An up move can be expected only after it starts trading above 33.92

Tomorrow's movement Prediction of Patel Engg 531120 is strongly bearish. It has broken a strong support of 35 and is expected to move down further.

Munafa value: -5

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

Share on: WhatsApp Facebook Tweet

Hindi Video Correct Way Of Fundamental Analysis Using EPS And PE - MunafaSutra

English Video Unique Way To Perfect Your Candle Stick Technical Analysis