Multiyear Breakout - 14 years of consolidation
Updated
After 14 years of consolidation , Engineers India Multiyear Breakout on Monthly Chart ,
Perfect breakout , remove weak hand by retrace then again breakout , know trading at Rs 244.80 . already move 200 % within a year. It could be double my target is Rs 500 within 3 Years with a SL of 204.
YoY Growth QoQ Growth (SHAREHOLDING)
Fundamental analysis :- FII -0.95% -0.59%
DII -2.35% -1.97%
Retail 2.03% 3.05%
Retail has been buying the stock which is usually a sign of exuberance
This is my personal opinion and is only for educational purposes. Please consult your financial advisor before making any decision.
Perfect breakout , remove weak hand by retrace then again breakout , know trading at Rs 244.80 . already move 200 % within a year. It could be double my target is Rs 500 within 3 Years with a SL of 204.
YoY Growth QoQ Growth (SHAREHOLDING)
Fundamental analysis :- FII -0.95% -0.59%
DII -2.35% -1.97%
Retail 2.03% 3.05%
Retail has been buying the stock which is usually a sign of exuberance
This is my personal opinion and is only for educational purposes. Please consult your financial advisor before making any decision.
Trade active
Only Concern is FII & DII booking profit or sellingTrade closed: stop reached
198 SL GoneDisclaimer
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