ENGINERSIN
ENGINERSIN forming a expanding channel BUY siganls at 67I WILL LOOK AT BUYING OPPORTUNITIES AT ENGINERSIN because :
It is forming a continuous channel pattern.
It is kind of expanding pattern .
It has been taking the support of the lower trend line.
Now the price is again at its support level so will be looking at buying opportunities.
Entry : 67
First Target : 75
Second Target : 82
Stop loss : 63.5
Engineers India Roof Pattern ShortI do understand the concern of shorting a stock in such a bull market however I do prefer to be market neutral to protect myself for unexpected fall. The stock has formed a Roof pattern so could be shorted here or on little higher price with stop loss of 160. One can expect the level of 138 and 125 as target.