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 12372730, out of which 6005277 went into delivery, which is 48.54 percent of total volumes

Volumes in the last session was 2261673, out of which 925698 went into delivery, which is 40.93 percent of total volumes.

Although some deliveries are being taken in the stock, still its not a comfortable percentage. The stock might show a slow down or possibly a reversal of its trend in coming days.

Patel Engineering PATELENG intraday stock tips

22 Thursday October 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 23.9, but if it comes above 23.9, then a intra day buy could be more profitable.
If you take a sell trade below 23.9, then use 23.9 as stoploss and 22.4 as target. However if you take a buy trade in Patel Engineering, then use 23.9 as stoploss and 25.14 as target.

21 Wednesday October 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 24.2, but if it comes above 24.2, then a intra day buy could be more profitable.
If you take a sell trade below 24.2, then use 24.2 as stoploss and 22.8 as target. However if you take a buy trade in Patel Engineering, then use 24.2 as stoploss and 25.35 as target.

19 Monday October 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 24.5, but if it comes above 24.5, then a intra day buy could be more profitable.
If you take a sell trade below 24.5, then use 24.5 as stoploss and 23.3 as target. However if you take a buy trade in Patel Engineering, then use 24.5 as stoploss and 25.54 as target.

16 Friday October 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 24.7, but if it comes above 24.7, then a intra day buy could be more profitable.
If you take a sell trade below 24.7, then use 24.7 as stoploss and 23.5 as target. However if you take a buy trade in Patel Engineering, then use 24.7 as stoploss and 25.67 as target.

15 Thursday October 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 24.9, but if it comes above 24.9, then a intra day buy could be more profitable.
If you take a sell trade below 24.9, then use 24.9 as stoploss and 23.8 as target. However if you take a buy trade in Patel Engineering, then use 24.9 as stoploss and 25.79 as target.

14 Wednesday October 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 25.1, but if it comes above 25.1, then a intra day buy could be more profitable.
If you take a sell trade below 25.1, then use 25.1 as stoploss and 24 as target. However if you take a buy trade in Patel Engineering, then use 25.1 as stoploss and 25.92 as target.

13 Tuesday October 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 25.2, but if it comes above 25.2, then a intra day buy could be more profitable.
If you take a sell trade below 25.2, then use 25.2 as stoploss and 24.2 as target. However if you take a buy trade in Patel Engineering, then use 25.2 as stoploss and 26.03 as target.

Patel Engineering PATELENG tips for tomorrow

Tomorrow's movement Prediction of Patel Engineering PATELENG is bearish. The stock has broken weekly support. An up move can be expected only after it starts trading above 23.87

Tomorrow's movement Prediction of Patel Engineering PATELENG is strongly bearish. It has broken a strong support of 25 and is expected to move down further.

Munafa value: 25

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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