Patel Engineering Technical Analysis

Patel Engineering Ltd Technical Analysis

Patel Engineering Ltd technical analysis is gaining attention among traders and investors tracking Patel Engineering Ltd Technical Analysis trends in the Indian stock market. Patel Engineering Ltd (NSE: PATELENG, BSE: 531120) is currently trading at ₹26.86, showing a -3.24% move as of Thu, Sep 10, 2026.

This detailed Patel Engineering Ltd technical analysis covers support & resistance levels, moving averages, indicators, and overall market sentiment to help investors make informed decisions.

Patel Engineering Ltd Stock Overview

Patel Engineering Ltd operates in the Industrial services sector under the Engineering & construction industry. With a market capitalization of ₹2659.75Cr and a PE ratio of 9.23, Patel Engineering Ltd remains a key stock to watch in Patel Engineering Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹2659.75Cr
• PE Ratio: 9.23
• Dividend Yield: 0
• Sector: Industrial services
• Industry: Engineering & construction

These fundamentals play an important role in Patel Engineering Ltd technical analysis and valuation tracking.

Patel Engineering Ltd Support and Resistance Levels

Classic Pivot Levels

In Patel Engineering Ltd technical analysis, pivot levels help identify potential reversal and breakout zones.

• Resistance 3: 34.61
• Resistance 2: 31.64
• Resistance 1: 29.83
• Pivot Point: 28.67
• Support 1: 26.86
• Support 2: 25.70
• Support 3: 22.73

Conditional Insight

Patel Engineering Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 26.86 and 25.70.

Fibonacci Levels Analysis

Fibonacci levels are widely used in Patel Engineering Ltd technical analysis to identify retracement zones.

• Fibonacci R3: 31.64
• Fibonacci R2: 30.50
• Fibonacci R1: 29.80
• Fibonacci Pivot: 28.67
• Fibonacci S1: 27.53
• Fibonacci S2: 26.83
• Fibonacci S3: 25.70

Patel Engineering Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.

Patel Engineering Ltd Moving Average Analysis

Moving averages are key indicators in Patel Engineering Ltd technical analysis for identifying trend direction.

• 10 EMA: 27.33
• 20 EMA: 27.76
• 30 EMA: 28.08
• 50 EMA: 28.43
• 100 EMA: 28.71
• 200 EMA: 30.02

Trend Logic

Patel Engineering Ltd technical analysis indicates bearish pressure, with price trading below key moving averages.

Long-term trend in Patel Engineering Ltd technical analysis remains positive above 200 EMA.

Patel Engineering Ltd Technical Indicators Overview

Momentum Indicators

• RSI: 37.81
• MACD: -0.53
• Signal: -0.46
• ADX: 20.71
• Momentum: -2.21

RSI Logic

Patel Engineering Ltd technical analysis shows RSI in neutral range, suggesting consolidation.

MACD Logic

Patel Engineering Ltd technical analysis indicates bearish momentum with MACD below signal line.

Patel Engineering Ltd Overall Recommendation

• Overall Recommendation Score: -0.56
• Moving Average Recommendation: -0.93
• Other Indicators Recommendation: -0.18

Overall Patel Engineering Ltd technical analysis sentiment remains neutral with mixed signals.

Patel Engineering Ltd Technical Analysis Conclusion

Patel Engineering Ltd technical analysis suggests that traders should closely monitor price action around ₹26.86 and key pivot level 28.67. Breakouts above resistance or breakdown below support will define the next trend in Patel Engineering Ltd technical analysis.

Investors searching for Patel Engineering Ltd Technical Analysis should track moving averages, RSI levels, and volume trends to identify potential entry and exit opportunities. As market conditions change, Patel Engineering Ltd technical analysis will continue to play a crucial role in short-term trading and long-term investment strategies.