ENGINEERS INDIA : Has formed a nice inv Head & shoulder pattern in daily chart.Holding above 240 foresee a target of 260+ in the near future as per the pattern(For educational purpose only)
After 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...
DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days...
Hi Traders !!!
Today, I brought an analysis of Engineers India Ltd. The stock is forming a perfect Inverted H&S on daily time frame. It also gave breakout from neckline and re-tested. It is now ready to move to the 1st target of 270-272 and eventual target of 333 . The second target would be of positional one and may take some time to reach but it should come as...
Hi,
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,...
This 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...
Engineers India
Bullish buy zone 210-218
lets see how these evolve
Disclaimer: I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock...
#FRESHVIEW Dt 26.04.2024
#Engineers_India CMP 236+
MONTHLY CHART
Multi-year breakout around 160-180
FROM ALL-TIME HIGH, PROFIT BOOKING SEEN
May consolidate a little bit more
Can hold with support around 160-180
Reenter after consolidation
Price Momentum
180-196-210-236-256-282-310-320
if consolidated a little bit more Bullish Flag Formation on the...
Hi,
NSE:ENGINERSIN has given a Bullish Inverted Head & Shoulder Breakout on Daily charts with very good volume.
MACD is also on the bullish side on Weekly 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...
Multi Year Breakout Stock.
Engineers India Ltd. Stock has made a Breakout after a long consolidation of 14 Years. the stock is currently retesting the previous breakout zone.
Once the retest is completed, the stock may show a bull run in the coming months. on the higher side, a gain of 100 to 200% is expected if breaks above 236. ✅✅
the Stock may be a good...
Engineers India in a weekly timeframe chart is taking trendline support as well as fib support on the 0.61 level. Apart from this, it had formed a hammer candlestick pattern in these support areas which further adds the confirmation of the support and trend change.
Hi,
I am here again, with a brilliant weekly flag breakout PSU stock and it is $NSE:ENGINERSIN.
It has given a clear breakout on weekly charts with very good volume. MACD is also on the bullish side on daily, weekly and monthly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames. After considering all these facts, the conclusion...
Engineers India ✅
CMP: 233
Support at 200
Best: 215-225
Stock making HH on daily TF.
Closes above 10, 21, 40 DEMA.
RSI at 58, which indicates strength.
Volumes picked up.
Please do your own analysis or consult your advisor.
NO BUY / SELL RECO.
Introduction: Engineers India Ltd (EIL) is a leading global engineering consultancy and EPC company. Established in 1965, EIL provides engineering consultancy and EPC services principally focused on the oil & gas and petrochemical industries.
Today, EIL is a‘Total Solutions’engineering consultancy company providing design,...
