BUY ENGINERSIN (Engineers India Limited) ABOVE 113.65
SWING TRADE IN EIL OCTOBER FUTURES DOUBLE BOTTOM BUY@110 STOP@105 TARGET@117.5 LOT:3500 QTY:1
All indicators are turning to negative side slowly. Beak down also done. Vijayaraghavan.K, Kovilpatti.
BUY CMP 119.50-120 SL 117 CLOSING BASIS TARGET 1- 134 TARGET 2- 146
Looks like a Long till 140 - 142 in the next few days
NSE:ENGINERSIN is showing a bullish pattern. Go long with a target of 168(t1), 176(t2) & 206(t3). A stoploss of 158 is recommended!
Engineers India - Pinbar formation. But pinbar is a red candle and Pinbar is at S/R zone. Just keep it on watchlist.
Buy ENGINERSIN above 160. T1: 174 T2: 189 T3: 200 SL: 152
Can be bought at CMP and 162 Target1: 175 Target2: 185 SL: 155
ABCD to complete anytime soon. Wait for the AB=CD completion
ENGINERSIN has broken out of a falling Trend line. RSI (14) has also broken out. Volumes are increasing and above average. Price seems to be heading to newer highs. Target 1: 162 Target 2: 171 Stoploss: 153
It has been observed in the chart that Cup & Handle Break out at 155 that is bullish in nature. one can watch near 150 to 155 and look for target at 240+ stop loss 140.
Cup and Handle forming in Weekly chart...
Engineers India fails to breach resistance at around 155-160 range with momentum, may decline further.
ENGINEERS INDIA have broken its support line on daily chart. Also, its has formed 'Head and Shoulders' pattern. Though RSI looked oversold, but it is going to fall to level of around 139 in short term. Please comment, if you feel any change/addition to my view :)
It is been observed on hourly and daily chart that the price action breaks and closes above the important and strong resistance levels of 275-278, indicating a strong buyers dominance and further bullishness ahead. It may correct to 275 levels before it goes up again. Therefore, I would suggest to keep a good eye on price action in order to reduce risk. Target:...
Stock so far is respecting the Pitchfork so a short is possible at current level with SL of 273 and target 240.
Neatly formed Wolfe Wave may drag the price to 240 level so worth trading it with the stop loss of 275. Entry level one can decide himself either tomorrow opening for wait for little pull back.