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 11225658, out of which 5583548 went into delivery, which is 49.74 percent of total volumes

Volumes in the last session was 1951626, out of which 1073224 went into delivery, which is 54.99 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

01 Thursday October Stock tips for Patel Engineering 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 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 26.2, but if it comes above 26.2, then a intra day buy could be more profitable.
If you take a sell trade below 26.2, then use 26.2 as stoploss and 25.5 as target. However if you take a buy trade in Patel Engineering, then use 26.2 as stoploss and 26.84 as target.

30 Wednesday September Stock tips for Patel Engineering 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 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 26.3 as stoploss in an intra day buy trade for a target of 26.94. However, stock will show a bearish move below 26.3.

29 Tuesday September Stock tips for Patel Engineering 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 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 26.3 as stoploss in an intra day buy trade for a target of 26.99. However, stock will show a bearish move below 26.3.

28 Monday September Stock tips for Patel Engineering 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 Engineering PATELENG gave a large move recently.

My analysis of Patel Engineering is bearish for shortterm, and stock might move down till 26.4 or till 25.5. Use a stoploss of 27.05 and if the stock hits stoploss, then it can shoot up till 27.75

25 Friday September 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 27.8 as stoploss in an intra day sell trade for a target of 27.07. However, stock will show a bullish move above 27.8.

24 Thursday September 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 27.9 as stoploss in an intra day sell trade for a target of 27.01. However, stock will show a bullish move above 27.9.

23 Wednesday September 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, and stock might move up till 27.9 or till 29. Use a stoploss of 26.94 and if this stock hits its stoploss, then it can fall down till 25.99

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 26.54

Munafa value: 40

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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