Engineers India Limited - Breakout Setup, Move is ON...#ENGINERSIN trading above Resistance of 269
Next Resistance is at 404
Support is at 185
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
ENGINERSIN
Engineers India Limited - Long Setup, Move is ON...#ENGINERSIN trading above Resistance of 185
Next Resistance is at 269
Support is at 133
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
ENGINERSIN Analysis & Prediction in DTFThis is the analysis of ENGINERSIN in Daily Time Frame. Watch carefully. The chart explains itself.
There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown.
Always maintain your risk management.
Book your profit according to your “STOMACH”.
Disclaimer:
This is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About ENGINERSIN :
Engineers India Ltd. engages in providing engineering, technical, and consultancy services. The firm operates through the following segments: Consultancy & Engineering Projects and Turnkey Projects. The company was founded on March 15, 1965 and is headquartered in New Delhi, India.
ENGINERSIN - Long Setup, Move is ON..NSE:ENGINERSIN
✅ #ENGINERSIN trading above Resistance of 205
✅ Next Resistance is at 270
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Engineers India Limited - Long Setup, Move is ON...#ENGINERSIN trading above Resistance of 157
Next Resistance is at 185
Support is at 101
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Engineers India - Multiyear Setup - Huge PotentialThe analysis is done on Daily as well as on Monthly time frame.
Refer the Daily chart of Engineer India for short term picture & opportunity for entry
It is forming a Cup & Handle pattern with breakout awaited.
As we can see there was a prior buying force and now the stock was in pullback for few weeks. It seems to be coming out of that pullback period.
With the help of bigger picture, one can plan their investment as well and since we know the bigger picture, we can stay in the trade with conviction.
Pls note that The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
Engineers India Limited - Long Setup, Move is ON...#ENGINERSIN trading above Resistance of 127
Next Resistance is at 157
Support is at 86
Here is previous chart:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
ENGINERSIN - Long Setup, Move is ON..NSE:ENGINERSIN
✅ #ENGINERSIN trading above Resistance of 157
✅ Next Resistance is at 205
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
ENGINERSIN - Ichimoku Bullish Breakout Stock Name - Engineers India Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 98
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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#ENGINERSIN BO with VolumeWTF:-
Stock was in Stage 4, formed a base Stage 1, BO out of resistance after a small consolidation.
Price is above the 200 EMA WTF with increase in volume. RS Line making 52w High
Can be a start of a fresh Stage 2 (Growth).
DTF:-
Price is in a UP trend formed a Cup and Handle Patter at WTF RT and BO with volume spikes
RS Line making 52w High
ENGINERSIN - Ichimoku Bullish Breakout Stock Name - Engineers India Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 82
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
ENGINERSINENGINERSIN looking good for swing trade above 80-85 levels. This has been in the downtrend for a long time. The stock has seen taking support at the ascending trendline and facing resistance on the descending trendline. If broken the descending trendline and the immediate resistance levels, we can see good upside.
ENGINERSIN forming a expanding channel BUY signalI WILL LOOK AT BUYING OPPORTUNITIES AT ENGINERSIN because :
It is forming a expanding channel pattern .
It has been taking the support of the lower trend line .
Now the price may reach its support level so will be looking at buying opportunities.
Entry : 75
Target : 94
Stop loss : 69