Long Engineers India for Target of 109 - 127 - 200

Nov 17, 2022

Engineers India gave a perfect Triangle breakout on monthly chart.

82.5 is a first resistance once sustains above this then stock will go for target of 109.25
In few years can reach a target of 200+ if it shows improved earnings
Stop loss should be base of triangle pattern on closing basis.

Nov 28, 2022

Note

The breakout trade will be confirmed by end of this month. Then go Long

Dec 1, 2022

Trade active

Trade active and go Long
Stop Loss - 68.20 on closing basis (Monthly)
Buying Range Rs. 72 to 83

Jul 26, 2023

Note

some of the targets marked on chart is completed. Now waiting for 200 to be breached

Jul 28, 2023

Note

Important resistance taken out today 200 is coming and if the lifetime high is broken and sustained then aim for the sky

Aug 12, 2023

Note

Don't sell due to weak market. Hold it and money will come. All targets will come.
Problem with retail investors is fear and pre-mature exit.

Aug 27, 2023

Note

will go through some retracements before achieving the final targets. Hold

Dec 7, 2023

Note

Final target still intact

Jan 3

Trade closed: target reached

All three targets reached. Took more than a year but more than doubled the money.