Sell on Rise F & O Near 205 I am looking to sell on rise with reversal in 2 Hour chart Near 205
Regards
ENGINERSIN trade ideas
Engineers India - Fresh BOStock can be bought around 162-165 levels for atleast 10% upside. Stops below 159
Engineers India - At Resistance Leval.Looks Weak.
At Resistance Level.
Other Details Mentioned in Chart.
I am not SEBI Registered Financial Advisor.
ENGINERSIN - Intraday PlayENGINERSIN has made symmetrical triangle pattern, upon break out long or short can be initiated. Valid for a day.
Engineersind(161)-Approaching Resistance area of 163strong move above 163 can give upside of 5-6% in immediate short term use support of 158 to buy with sl of 153 tgt 168 and 173 or more
ENGINERSIN: Techno-Fundamental Good Buy.Fundamentally Strong.
Order book increases in recent past.
Equity: 336.94 Cr.
Trailing Twelve Months Sales: 1482.19 Cr. ,
Trailing Twelve Months Net Profit: 326.11 Cr .
Trailing Twelve Months, Net Profit Variation: 17%
Trailing Twelve Months, OPM (Operating Profit Margin): 20.96%
Regularly Paying DIVIDEND: 60% in last year.
DIVIDEND Yld: more than 2%
(Currency in Indian rupee)
Technically: Indicators & Oscillators U-Turned from Over-Sold arena.
Go LONG: Between LTP +1% & -1%
Target / More Accumulation (on Bounce Zone) / SL / Trailing SL on chart.
Snapshot of Intraday / Swing level for 14th Aug 2017 & onward.
Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor.
LIKE / Comment /Share, If useful & enriched your knowledge.
Weekly outlook on Engineers IN stock I am still bullish on this stock , after today close its still in line with trend
The possibility of Tagging the Upper trend line seems valid , one can look for bullish sentiment to enter or can consider entering with TL as stop
Lets see what happens next week
any drop or close below the lower trend line will lead to start of down trend
I will up date on this stock after Monday close
Regards
ENGINERSIN : Good Time to Buy.Good time to Buy Enginers India at (160) these support levels.
Keep a SL of 158 & look for Targets of 175 in the coming week.
A very short term trend trading Major trend is down or in retrace of correction wave this is very short lived trade only for day
i am looking to go long with reversal sign near the 158/155 for Target of 165/168
this trend can go for two day also , but surely a short lived
Regards
Short term trend line BreakoutENGINERSIN price action has given a short term down words trend line breakout at 160 buy for a target 173 stop loss below 154.
Engineers India- Strong Trendline Support - BuyEngineers India after a strong uptrend has undergone a correction and taken support at 16 months strong trendline. After a steep correction the stock opened gap up and maintained the momentum over the day to give a close towards the high of the day. It is good buy with a Stop Loss of 149 and for a Target of 163, 172
Strong support at bottom of uptrending channelDaily chart shows strong support and exhaustation of selleres indicating upcoming bullish advance.
target - 152
stop loss- 158
Engineers India - bounced back before touching crucial supportTP = 164, 175
SL = 141
If Nifty also supports. RSI is also in upswing. Can see earlier trend to reach resistance 2
ENGINEERS INDIA: Bullish AB=CD to complete anytime soonABCD to complete anytime soon.
Wait for the AB=CD completion
Strong ResistanceENGINERSIN facing stiff resistance above 170 level, expected revisit 160 zone before making any upmove. Use any spike below 172 and short for target of 160.
Engineers India Short for Day trade The stock is in all time high and is struggling to move up and it will head to close the Gap as a short time Pull back
I am looking to enter on after a brief rally with stop 171 for Targets 165.85/164.90/163.25
Regards
Trader's Queries - Engineers India !The stock has formed rounding bottom in daily chart indicating bullishness. Price have to break the resistance around the level 170 - 173 with heavy volume which will make the price to move up further. The rounding bottom or saucer bottom is a long term reversal pattern which indicates a shift from the downtrend to an uptrend. When buyers enter the market at a low price, it increases the demand for the stock . Once the rounding bottom is complete, the stock breaks out and will continue the uptrend. Expecting this stock to gain 30 to 40 points in 1 to 2 years. Always consult your financial manager before investment.
ENGINERSIN - BreakoutENGINERSIN has broken out of a falling Trend line.
RSI (14) has also broken out.
Volumes are increasing and above average.
Price seems to be heading to newer highs.
Target 1: 162
Target 2: 171
Stoploss: 153
Cup & Handle Break OutIt has been observed in the chart that Cup & Handle Break out at 155 that is bullish in nature. one can watch near 150 to 155 and look for target at 240+ stop loss 140.
