Patel Engineering has seen a breakdown from high of rs 500 to low of 133 in matter of 1.5 years.Stock has been in news for all bad reasons and corporate governace issues. Price factors everything.
Now Long term Bottoms are made in times of bad news and same apply to Patel. As seen from the chart below stock is forming a base trading in Rectangle
Buy above 144 Tgt 148,154 in short term
Both 100 DMA and 200 DMA are in range of 433-437 hence making the stock to struugle.
MACD is Buy and Stochastic also giving crossover for BUy