Engineers India has been consolidating in 100-130 range from last 8-9 months. It has given breakout within the pattern but still not able to cross 130 range. 20 is above 50 . 50 HEMA is above 200 HEMA. has been good in the run from 100 to 130. 120 will act as .
Counter is still in range and we would wait for hourly or daily close above 131 to get clear trend.