Engineers India gave a perfect Triangle breakout on monthly chart. 82.5 is a first resistance once sustains above this then stock will go for target of 109.25 In few years can reach a target of 200+ if it shows improved earnings Stop loss should be base of triangle pattern on closing basis.
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...
Engineers India Limited is an Indian is a central public sector undertaking under the ownership of Ministry of Petroleum and Natural Gas, Government of India. It is under the ownership of Ministry of Petroleum and Natural Gas, Government of India. 94 on the upside 49 on the downside
Forming a Ascending triangle on the intraday timeline. I'd like to see a retest at 1450s before reversing back up. Would provide a nice support for the move up.
MOMENTUM TRADE IN EIL DEC FUT BUY@123 STOP@120.75 TARGET@127.5 LOT:3500 QTY:1
SWING TRADE IN EIL OCTOBER FUTURES DOUBLE BOTTOM BUY@110 STOP@105 TARGET@117.5 LOT:3500 QTY:1