Munafa Patel Engineering Limited (PATELENG) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow

Patel Engineering Limited (PATELENG) Indicator analysis

Patel Engineering Limited stock tips (delivery Volume analysis)

Total 5 day volume for Patel Engineering Limited is 132112933, out of which 24104890 went into delivery, which is 18.25 percent of total volumes

Volumes in the last session was 103516100, out of which 15368463 went into delivery, which is 14.85 percent of total volumes.

Deliveries are extremely low, which means that most trades are getting squared off within the intra day itself. It will not be safe to invest or hold the stock for long. However, intra day trend might continue.

Patel Engineering PATELENG intraday stock tips

16 Friday January Stock tips for Patel Engineering (PATELENG) 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 Engineering PATELENG gave a large move recently.

My analysis of Patel Engineering is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 30.2 as stoploss in an intra day sell trade for a target of 28.8. However, stock will show a bullish move above 30.2.

14 Wednesday January Stock tips for Patel Engineering 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 Engineering PATELENG gave a large move recently.

My analysis of Patel Engineering is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 27.2 as stoploss in an intra day buy trade for a target of 28.69. However, stock will show a bearish move below 27.2.

13 Tuesday January Stock tips for Patel Engineering 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 Engineering PATELENG gave a large move recently.

My analysis of Patel Engineering is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Patel Engineering stays below 27.4, but if it comes above 27.4, then a intra day buy could be more profitable.
If you take a sell trade below 27.4, then use 27.4 as stoploss and 25.7 as target. However if you take a buy trade in Patel Engineering, then use 27.4 as stoploss and 28.83 as target.

12 Monday January Stock tips for Patel Engineering 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 Engineering PATELENG gave a large move recently.

Although my analysis for Patel Engineering 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 26.2, for a target of 27.7 or 29.07

09 Friday January Stock tips for Patel Engineering 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 Engineering PATELENG gave a large move recently.

Although my analysis for Patel Engineering 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 26.6, for a target of 28.1 or 29.31

08 Thursday January Stock tips for Patel Engineering 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 Engineering PATELENG gave a large move recently.

My analysis of Patel Engineering is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Patel Engineering stays below 28.4, but if it comes above 28.4, then a intra day buy could be more profitable.
If you take a sell trade below 28.4, then use 28.4 as stoploss and 27 as target. However if you take a buy trade in Patel Engineering, then use 28.4 as stoploss and 29.56 as target.

07 Wednesday January Stock tips for Patel Engineering 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 Engineering PATELENG gave a large move recently.

My analysis of Patel Engineering is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Patel Engineering stays below 28.6, but if it comes above 28.6, then a intra day buy could be more profitable.
If you take a sell trade below 28.6, then use 28.6 as stoploss and 27.3 as target. However if you take a buy trade in Patel Engineering, then use 28.6 as stoploss and 29.76 as target.

Patel Engineering PATELENG tips for tomorrow

Tomorrow's movement Prediction of Patel Engineering PATELENG appears strongly Bullish. This stock started moving upwards as soon as it opened. Generally this happens when there is a positive sentiment following the stock, making it attractive. There's a good chance that this upwards movement will continue tomorrow as well.

Tomorrow's movement Prediction of Patel Engineering PATELENG is showing signs of strength. Either there is a positive sentiment following this stock or an Elephant got in here.

Tomorrow's movement Prediction of Patel Engineering PATELENG looks Bullish! There has been some positive changes in this stock and it appears that this sentiment can continue tomorrow.

Tomorrow's movement Prediction of Patel Engineering PATELENG is bullish. The stock is trading above weekly resistance and downside can only be expected once it trades below 28.02

Tomorrow's movement Prediction of Patel Engineering PATELENG looks bullish. It has broken an important Moving average of 28.8 with high volumes

Munafa value: 105

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.

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