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 :)
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Send feedback Ideas Published Followers Following Private Messages Chat Sign Out