PATELENG NEWS why is Patel Engineering Limited price falling or rising

PATELENG NEWS reasons for why stock price of Patel Engineering Limited is falling or rising

PATELENG Patel Engineering is falling or rising technical reasons

Technical analysis forecast for Patel Engineering Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Patel Engineering PATELENG at this time. Stock is falling and might fall more.

It appears as if Patel Engineering PATELENG gave a large move recently.

Stock of Patel Engineering (PATELENG) 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.

My analysis of Patel Engineering is bearish for shortterm, and stock might move down till 57.5 or till 54.5. Use a stoploss of 59.94 and if the stock hits stoploss, then it can shoot up till 62.43

PATELENG Patel Engineering is falling or rising NEWS fundamental reasons

Buy Patel Engineering; target of Rs 66: Anand Rathi Anand Rathi is bullish on Patel Engineering has recommended buy rating on the stock with a target price of Rs 66 in its research report dated April 16, 2024. - NEWS as on 2024-04-16 moneycontrol.com

Company Announcement Rupen Patel has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.  - NEWS as on 2024-04-10

Company Announcement Patel Engineering Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 - NEWS as on 2024-04-09

Company Announcement - NEWS as on 2024-03-28

Company Announcement Patel Engineering Limited has informed the Exchange regarding Proceedings of Extraordinary General Meeting held on March 08, 2024. Further, the company has submitted the Exchange a copy of Srutinizers report along with voting results. - NEWS as on 2024-03-11

Company Announcement Patel Engineering Limited has informed the Exchange about Investor Presentation - NEWS as on 2024-03-01

Company Announcement Patel Engineering Limited has informed the Exchange regarding 'Further to our intimation dated February 21, 2024 regarding the re-schedule of Analyst/investor meeting of February 26, 2024 and pursuant to Regulation 30 of SEBI (Listing Obligation and Disclo - NEWS as on 2024-02-27

Company Announcement Patel Engineering Limited has informed the Exchange about Schedule of meet - NEWS as on 2024-02-22

Company Announcement Patel Engineering Limited has informed the Exchange regarding a press release dated February 21, 2024, titled "Press Release Irrigation & CAD Department, Government of Telangana has declared, Patel Engineering Limited ( Company or PEL ) along with its - NEWS as on 2024-02-21

Company Announcement Patel Engineering Limited has informed the Exchange about Copy of Newspaper Publication - NEWS as on 2024-02-19

Company Announcement Patel Engineering Limited has informed the Exchange about Transcript - NEWS as on 2024-02-16

Board Meeting to discuss Fund Raising Further to our Notice dated February 5, 2024, informing you that a Meeting of Board of Directors of the Company will be held on Monday, February 12, 2024, inter-alia to consider and approve the Un-audited Standalone and Consolidated Financial - NEWS as on 2024-02-08

More announcements and NEWS

PATELENG Patel Engineering Limited current price & indicator signals

Moving Averages for Patel Engineering Limited

  • 5Day Average: 59.23
  • 12Day Average: 60.62
  • 20Day Average: 59.09
  • 50Day Average: 63.81
  • 100Day Average: 62.38
  • 150Day Average: 58.24
  • 200Day Average: 52.06

PATELENG Indicators & signals

Indicator MACD (12,26,9)

59.61, 60.33, -0.87
Indicator MACD is in negative zone

Indicator ADX (14)

11.45, 19.14, 24.09
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 47
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of PATELENG Patel Engineering Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
19 Fri Apr 2024 59.00 56.75 to 59.30 0.17% 0.85 times
18 Thu Apr 2024 58.90 58.00 to 60.85 -0.93% 0.8 times
16 Tue Apr 2024 59.45 56.90 to 60.45 2.5% 0.9 times
15 Mon Apr 2024 58.00 56.80 to 59.25 -4.61% 1.19 times
12 Fri Apr 2024 60.80 59.80 to 62.30 2.1% 1.74 times
10 Wed Apr 2024 59.55 58.90 to 60.95 -0.58% 0.8 times
09 Tue Apr 2024 59.90 59.35 to 61.35 -1.8% 0.56 times
08 Mon Apr 2024 61.00 60.80 to 62.85 -1.69% 0.66 times
05 Fri Apr 2024 62.05 61.45 to 63.50 -1.9% 1.34 times
04 Thu Apr 2024 63.25 62.20 to 65.10 0.24% 1.12 times
03 Wed Apr 2024 63.10 62.05 to 63.55 1.04% 0.91 times
02 Tue Apr 2024 62.45 59.80 to 62.95 3.57% 1.25 times

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