Analysis on 9th February 2023
-Took Support on Black Trendline. (BUY)
-ITC breakout and currently All time high. (BUY)
-Stop Loss (346.90 rs) can be low of Big green candle because, High volume breakout which is also consider as a trustworthy Move. (BUY)
-Indicators Also showing HL while Price Action is Making HH, which is Bullish Continues...
This is a technical analysis report on NSE:ENGINERSIN Engineers India Limited (EIL), a leading engineering and consultancy firm in India.
Technical Analysis Summary:
EIL is currently trading at INR 77.05 (as of 18th April 2023, 2:26 p.m.).
The stock has recently breached its 50-day moving average from the bottom upwards, with the 0.618 Fibonacci...
Disclaimer this is only for education purpose only so tvs motors are on uptrend to buy and make profits on this stock and i have mark the important levels on the chart that the target on it after hits of the target book profit fast trend will be return to downwords
Stock is poised for a upmove
Stop Loss 140s levels
Target >178s levels
Stock is reversing from Fib .618 levels an important zone with a hammer candle confirmation followed by Doji and gave a strong closing