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....
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....
