40.5000 -0.85 (-2.06%)
NSE Mar 26, 2025 12:43 PM
Volume: 2.9M
 

40.50
-2.06%
Anand Rathi
PATELENG, recently experiencing a significant downturn, is currently hovering around the 56 mark, closely mirroring its 200- day Simple Moving Average (SMA). Despite a recent reversal from a bullish bat pattern, the stock has entered a corrective phase over the past 4-5 trading sessions. Interestingly, during this correction, the size of the downward candles has been relatively small, suggesting a potential alleviation of selling pressure. Consequently, there appears to be an opportunity for investors to BUY within the range of 56-58, with an upside target of 66.
Patel Engineering Ltd.'s price crossed below 30Day SMA today
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