ENGINERSIN trade ideas
Engineers India potential upside stocktook a great support and reversal seen, looks good for a long.
Breakout Stock: Engineers IndiaEngineers India has given a breakout from the support levels of 203, 212.
Volume buildup also confirms the uptrend.
Positive News about Engineers India as per CNBC-TV 18 report:
Venturing into Green Hydrogen and Green Ammonia space
Entering in high-end infra sector across geographies like UAE, Kuwait, Guyana, Algeria, Bahrain
Expanded footprint to defence production.
2 Compressed Biogas plants to be put up based on agri waste.
Orderbook is at an all time high of ₹11,300 cr.
Engineersind - Breakout viewEngineersInd :
Looks ready for a resistance breakout
Good above 232 with immediate support at 227.5
Sustaining 235 levels might take this to 250
Engineers india at retest levels✅Breakout with strong candles and now at retest
✅good volumes
✅small stop loss n good target
✅looks good in cash
ENGINEER INDIA Multiyear Breakout.Buy at cmp 215.
Add till 190.
Target minimum double+.
Stoploss 175 closing basis.
Holding period 1 year.
ENGINERSIN REVERSINGEnginersin is reversing from support line
price consolidated at support line and good green signal now
entry can be Current price
ENGINERSINENGINERSIN (2 HR)
Engineers India Limited
CMP 225
Currently at major support level of 210
if sustains above 225 then target for short term is Gap
Engineers India Cup & Handle Breakout Breakout in NSE:ENGINERSIN Cup & Handle Pattern with good Volume.
Short Term Target: 200
Stock in Demand Zone: Engineers IndiaEngineers India has fallen from 52 high of 304 considerably in the past months.
The stock is trading near the strong demand zone 210 - 220 levels.
In the past, buying at this level has given returns of over 22% to 36%.
Engineers India has good financial performance alongside good to expensive valuation.
However, it lacks price momentum as suggested by technical indicators.
You can enter for long-term targets as shown in the chart.
ENGINEERS INDIA - ON RADAR FOR REVRSAL!Price Analysis & Overview:
1. Good volume
2. Expecting bounce, possibly the currently it is taking pullback as per volume analysis.
3. It has tested the 14-year ATH level.
4. I will wait and observe for now for the price to give me confirmation.
- Stay tuned for further insights and updates, and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. I share whatever I do. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
Short term trading opportunity in Engineers India for 20% upsideHi,
NSE:ENGINERSIN has given a Bullish Flag Breakout on Daily charts with very good volume.
MACD is also on the bullish side on Daily and Monthly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames.
In the current market scenario, I am expecting that the bullish momentum will continue.
Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose.
Don't Forget to Follow me to get all the updates.
Please share your feedback or any queries on the study.
Disclaimer: Please consult your financial advisor before making any investment decision.
ENGINERSIN - INVERTED H&S PAttern Enginersin has formed inverted H&S pattern a few days ago.
Buy in dips and wait for target of 290>300
Engineers India : 2010 Breakoout Long term Break out of 2010
Volume Breakout on Daily Chart.
Sequential Targets : 330/360/421/470
SL : 270
ENGINERSIN | Beautiful cup & handle breakout ENGINERSIN | Beautiful cup & handle breakout
Very nice monthly breakout aswell.
CMP : 290
Engineers India looks ready to move to newer Pasture1. Price surge above 20-50 sma vith Highest yearly Volumes
2. Retest breakout of ATH
3. Primary trend rising
4. Technically looks sound
ENGINERSIN [big move ]ENGINERSIN ..... BIG MOVE big gain 37.65% ...
multi year breakout .. click on image /link below show on my study
for MORE check in my Tv-id " in.tradingview.com "
If You LIKE👌👌 MY Idea ......Boost.🔥🔥🔥.. its.
"Disclosure : I am not Sebi-registered." This channel is for only educational purpose. Any profit/loss, I am not responsible.
Before taking any trade on our charts / calls, please consult your financial advisors. Thanks
ENGINERSINENGINERSIN
my study points
1) M ,W , DAILY break-out
2) break-out with high volume spike
4) chart pattern rounding bottom
5) fundamentally strong stock
6) Company is almost debt free.
7) Company has been maintaining a healthy dividend payout of 71%
holdings :-)))
a) Promoters 51%
b)FIIs & DIIs 24%
c) Public 25%
.If You LIKE MY Idea …please…Boost its for more follow me .
for MORE check in my TradingView ID
“Disclosure : I am not Sebi-registered.” This channel is for only educational purpose. Any profit/loss, I am not responsible.
Before taking any trade on our charts /calls , please consult your financial advisors. Thank you
Engieers indiaEngieers india, Cup & handle pattern, Breakout with high volume, possible upside target up to 350, breakout invalid if stock close below 260
Engineers indiaBased on price moving and Ema
positions Up move possibility is higher
This is only for educational purposes.
Engineers India Getting Ready for 14 Years Old Resistance BOThe stock tested it's ATH in January this year after 14 Years and then pulled back to previous support. Now with good volumes and strong weekly close it is getting ready to break this ATH zone.
Entry would be day close above 275 (safer weekly close) for targets 289/300/315/335
This has long term potential of giving much more returns as well.
Initial SL should be 225 and one should start trailing their positions as per price action.
Learn & Earn,
Dr. Tanya Kumar
Engineers India : 14 years breakout 1. EIL is consolidating at ATH level.
2. Can be bought once, it cross the ATH level.
Multiyear Breakout - 14 years of consolidationAfter 14 years of consolidation , Engineers India Multiyear Breakout on Monthly Chart ,
Perfect breakout , remove weak hand by retrace then again breakout , know trading at Rs 244.80 . already move 200 % within a year. It could be double my target is Rs 500 within 3 Years with a SL of 204.
YoY Growth QoQ Growth (SHAREHOLDING)
Fundamental analysis :- FII -0.95% -0.59%
DII -2.35% -1.97%
Retail 2.03% 3.05%
Retail has been buying the stock which is usually a sign of exuberance
This is my personal opinion and is only for educational purposes. Please consult your financial advisor before making any decision.
