Engineers India - Breaks Trendline

It is been observed that the price action breaks and closes below the upward trending line on daily chart , indicating further weakness and bearishness. Now, it shall further move down to the next support level at around 252-250 levels. It is also important to note that it is facing a strong resistance at around 275-278 levels.

Target: 252
Stoploss: 280
Trade active: Correcting Sharply, already 2% down.
Trade closed: target reached: Wow moments, this the forth target that we achieved today successfully.
Wish you all the best, Regards


Just wow...:) Congratulations. Keep going.
+1 Reply
NeeteshJain dev_trader
Thanks Dev, incase it breaks below the 250 levels then it shall further go down to 247 and 240 levels. Regards
also abcd pattern formed and break trendline,
+1 Reply
many stocks must have broken the trend-line today ... I think one must wait for the confirmation ...
+1 Reply
@tikkuk well said :)
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