Trade ideas
PATELENG looking good for long terms Business Areas: Patel Engineering is primarily involved in the construction of infrastructure projects. This includes the development of dams, tunnels, irrigation projects, highways, bridges, and other civil engineering works.
Expertise: The company has expertise in executing complex engineering projects and has undertaken assignments in various parts of India.
Projects: Patel Engineering has been associated with a range of projects in sectors like water resources, urban infrastructure, transportation, and power.
Dams and Hydro Power: The company has been known for its involvement in dam construction and hydroelectric power projects. Building dams and hydropower plants are significant components of its portfolio.
International Presence: Patel Engineering has also been involved in international projects, particularly in countries like Bhutan and Nepal.
$PATEL ENGINEERING BreakOutJust now $PATEL ENGINEERING broke a 6 year long Cup and Handle Pattern with hefty volume, other indicators are also bullish, this is the very bottom of this stock which makes it a perfect Cup and Handle. So, as per my analysis this should be a good choice for trading.
Enjoy.
Hmagic Supremacy.
Note - This is just a prediction and not a Financial Advice. Always do your own research before putting YOUR money in market. Always remeber if there is Capital, there is Profit. :-P
PATELENG - Long Setup, Move is ON..NSE:PATELENG
✅ #PATELENG trading above Resistance of 58
✅ Next Resistance is at 91
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Patel Engineering is ,Multibaggar on the Rise...I have identified stock in March 2023 when it was trading at 15.30rs, in April 2023 Vijay Kedia invested in this Stock. Since March 2023 Stock already given 200% returns and now trading at 45+.
YOU MAY SEE STOCK PRICE IN 3 DIGITS IN NEXT 1 YEAR
Is rally over??? NO, ITS JUST BEGINNING as per my view
This is not buy or sell recommendation, DYOR BEFORE INVESTING.
PATELENG - Long Setup, Move is ON..NSE:PATELENG
✅ #PATELENG trading above Resistance of 40
✅ Next Resistance is at 58
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Patel enginnering will become multibagger ?Patel enginnering will become multibagger ?
By recent moves we can say this is potential candidate of multibagger..
from 2016-2018 stock consoladate and then fall and make low around 7 rs.
from 2019-2021 consolidate for 2 years as shown in rectangle.
In 2021 it make high of 31.80 and in 2023 it breaks that high and sustain that high .
next resistance is 40 and
target 1-39.05
target 2-48
This is for educational pupose ....not recommended to buy.....we are not sebi registerd....
PATELENG - Long Setup, Move is ON..NSE:PATELENG
✅ #PATELENG trading above Resistance of 30
✅ Next Resistance is at 40
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.