chhajedr8

Engineers India .. A low risk stock to invest/trade

Long
chhajedr8 Updated   
NSE:ENGINERSIN   ENGINEERS INDIA
Engineers India - Stock has been in a downward trend and stock might bottom out near 70-65 area .. stock has decent fundamentals as long as OIL prices stay above 55-60 levels.. One can go long at 72-68 levels for medium to long term for 100-130 targets .. stoploss 60
Comment: Stock now looks strong and may be the downtrend has stopped finally .. heading for 81-84 in short term .. if added keep trailing stop at 71
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