Long Engineers IndiaPrice Action suggest it is taking support around 100. Can be bought @100 with SL 97 which is very small. Good RR
Disclaimer: Ideas for educational purpose, give thumbs up if you like.
ENGINERSIN trade ideas
ENGINEERS IND (Engineers India Limited) BUY ABOVE 105ENGINEERS IND (Engineers India Limited) BUY ABOVE 105
Engineers India: Triangle breakoutEngineers India has been on a down trend since December 2017. This stock has been consolidating for months in the form of a triangle and has now finally broken out. Its certainly worth timing your entry for a SHORT ride.
ENGINEERSIND (Engineers India Limited) SELL BELOW 100ENGINEERSIND (Engineers India Limited) SELL BELOW 100
Intraday MovePossible downside to 102 if price goes below 105.50. If price stays above 107 comfortable we can see some upside till 109 or above.
Engg. India CMP 106.35 Buy above 110 or @ in range of 99-103 Engg. India CMP 106.35 Buy above 110 or @ in range of 99-103
SL 95 target 112- 114 - 116 - 120- 124- 128- 132-135+
ENGINEERS INDIA - 128 CROSSING IS CRUCIALENGINEERS INDIA HAD REACHED THE TARGET OF 128 (SEE POST ON 06TH APRIL).
NEXT TARGET IS 140.
IF THINGS GO WELL, THEN EXPECT 160 AS THE OTHER TARGET.
CROSSING 128 IS CRUICIAL.
Engineers India - Technicals set for a double digit rallyNSE:ENGINERSIN
With infra index on a positive turn, this stock has signaled an end of correction (retracement) during last trading sessions.
Go long for 5% gain with a target of 123.5 for intraday tomorrow.
Those who can afford shall stay long until June expiry for more profit.
The target is around 143-146. Stop loss of 115 for both intraday and delivery.
