Although symetrical triangle breakout happen at around Rs. 31-32 but milestone are yet to conquer. first would be 78-80 and then 107-110. After that we would see.
BUY - PATEL ENGINEERING CMP - Rs. 43 Target - 1: Rs. 78 Target - 2: Rs. 104 . Technicals - Trendline Breakout . Timeframe - 1-2.5 years . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
Swing trade on patel engineering using weekly chart
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.
Entry 30 SL 5 Tgt 700 R:R 1:25 Compnay is finally profitable after long time.
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....
Pateleng now trade 25 range, shortly breakout happen and target 32 and 85.
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...
Patel engg- If the stock sustains here above 32 for some time, 55-60 may be seen in near term.
Forming bullish patterns on 1week TF Forming double bottom (1w) Breakout of 300EMA (1w) Positive divergence (1w)
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....
Patel Engineering daily has trendline breakout/ Inverted head n shoulder breakout. Good to buy at 19.90 for target of 26 with sl below 18
Start accumulating patel eng cmp 15 for target of 90 Order book is increasing regularly. Debt may come down by selling and clearing Land bank.
DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days...
This Strategy already posted by many of the publisher which is I am publishing this is only for educational purpose if any one of you will take this trade so please take at your own risk. Pattern : Cup & Handle Share Name : PATELENG Time Frame: Weekly Current Market Price is 14.25 Target 1st : 30 Target 2nd : 52 Stop Loss : 5 Loss is around 9.25 but profit will...
Discription: Stock Name: PATELENG Chart Pattern: Bullish Flag pattern Time Frame: 1D Entry: Reversal Support level Breaout above 26.40+ Targets: Reversal Target 26.40 Breakout Targets 35.35+
Patel Engineering Cup with Handle Breakout in Weekly Timeframe
Accumulation already in can buy small qty at every fall for good profit. Note: Holding in my portfolio. Please buy at your own risk