ENGINEERS INDIA MOMENTUM STOCKhigh Momentum business with volume spurt both monthly and weekly RSI above 55. invest in business not in stock debt free business. Longby Momentuminvesting5540Updated 2217
ENGINEERS INDIAEngineers 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.Longby JAGMOHANSHARMA2
Mr. Engineer is also ready to enjoyIntroduction: 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, engineering, procurement, construction and integrated project management services from ‘Concept to Commissioning’ with highest quality and safety standards. EIL’s QMS, OHSMS and EMS are certified to ISO 9001, ISO 45001 and ISO 14001 respectively.It also provides specialist services such as heat and mass transfer equipment design, environmental engineering, specialist materials and maintenance and plant operations and safety services. EIL’s technological excellence is driven by more than 2400 engineers & professionals in a competent employee base of over 2800 employees as on March 31, 2021. The availability of technical resources per annum is about 4.5 million man-hours in EIL’s design offices along with1.5 millionman-hours of construction management services. A Weekly Bullish Flag and Pole pattern is visible on the charts of NSE:ENGINERSIN It may face some challenges near 13 year long falling trendline region but it break it out surely. The Flag and Pole pattern is a bullish continuation pattern and it is visible in charts after a meaningful appreciation in the price. MACD gave Positive crossover on Daily chart and Monthly chart and on weekly chart, it is expected to move towards the positive territory. So, expecting the momentum to continue. One can look to create a fresh position in the scrip near Rs. 237-247 levels with the stoploss of Rs. 220 on weekly closing basis. The 1st target will be 161.25 , 2nd target will be 174.60, 3rd target will be 188.60, 4th target will be 202.20 and the fifth and the final target will be 215.70 Risk Disclaimer: The trading ideas and analyses presented here are for educational purposes only and do not constitute financial advice. Trading and investing in financial markets involve risk. You should carefully consider your own financial situation, risk tolerance, and investment objectives before making any investment decisions. The information provided in this analysis is based on my personal interpretation of market conditions and the available data at the time of writing. It is subject to change without notice, and I cannot guarantee the accuracy, completeness, or timeliness of the information provided. Trading and investing carry the risk of substantial losses, and past performance is not indicative of future results. Always be aware that markets can be unpredictable, and prices may move against your trade or investment. It is advisable to seek advice from a qualified financial professional and to conduct your own research before making any investment decisions. You should only invest funds that you can afford to lose. I am not responsible for any trades or investments made based on the information presented in this analysis. By reading and using this information, you acknowledge and accept that you are solely responsible for any losses you may incur.Longby raigvivekUpdated 118
EIL-CATCH ME IF YOU CAN!What a rally PSU stocks have shown in the past couple of years. Definitely, EIL should be one of the multibaggers in the list with Make in India prospering. Logic: Weekly trendline breakout was done and after a retest, continuation of uptrend started.Longby chartistameyUpdated 2212
PSU NAVRATNA READY TO DOUBLEBuy Engineers india ltd, EIL 98, for 125 and 200 in medium to long term. Highest weekly volumes in last 20years showing signs of big movement likely to happen. Invalid below 75 on weekly closing basis. All PSU stocks are getting re rated and now EIL getting ready for turnaround for bigger returnsLongby winnersgameUpdated 10
LONGENGINEERS INDIA (EIL) CMP: 251.20 Monthly Chart (4 Feb 2024) Key Study Points: - Breakout of Very Long Consolation Zone with Strong Volumes - Multi Year Breakout - Strong Price Action - Stock can Double from here if the momentum continues - Keep SL of 201 and keep Trailing the SL. Disclaimers: This chart & study is for Educational & Learning Purpose. This shouldn't be construed as an advice to Buy / Sell / Hold. Pls consult your Financial Advisor before Trading / Investing.Longby TheWolfNetwork118
ENGINEERING INDIA LIMITED STOCK PRICE ACTIONNSE:ENGINERSIN when price drop in the previous 2019 price reacted from a strong demand zone in the half and monthly, Last Time Price Hits Monthly & weekly Strong Supply Zone, then all demand zone Back to Back Breaks, Now Price hits Weekly Dz, there are two excuition level 1st zone very good, if market in strong selling presure may be change to price come in the lower level, *Now there may be a very good moment in the price, because every demand zone is responding since the price hit the weeky dz* 1st tg 2nd tg easily achieve.Longby investingedge1sUpdated 1
Engineers India Fundamentally and Technically StrongEducation Purpose Only... Strong Breakout with Good volume and this stock is fundamentally strong. Very Bullish..Longby Market-EdgeUpdated 446
ENGINEERS INDIABUY @ 233.95 RS TARGET @ 359.55 RS BUYING CONFIRMATIONS: Rounding bottom breakout Expected returns are around 52.00 %Longby MohammedNiyas_139
ENGINEERS INDIA LONGIt's a pure breakout after more than 10-15 resistance level. entry- 210-220 stop loss - low of the weekly/monthly candle for medium to long term. Longby kalyanadak20201
ENGINERSIN - Long Setup, Move is ON..NSE:ENGINERSIN ✅ #ENGINERSIN trading above Resistance of 205 ✅ Next Resistance is at 270 Related charts: Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.Longby Sandeep_Aggarwal4
Amazing breakout on Weekly / Daily Timeframe - ENGINERSINCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED! NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!! #No complicated chart patterns #No big big indicators #No Excel sheet or number magics TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN Daily TIMEFRAME. PS: This script is shared 1-2 days delayed. Sorry for the delayed chartsLongby Yoyohoneysingh933
Engineers India Limited - Long Setup, Move is ON...#ENGINERSIN trading above Resistance of 157 Next Resistance is at 185 Support is at 101 Here are previous charts: Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.Longby MandeepSinghKohliUpdated 1114
Long Engineers India for Target of 109 - 127 - 200 Engineers India gave a perfect Triangle breakout on monthly chart. 82.5 is a first resistance once sustains above this then stock will go for target of 109.25 In few years can reach a target of 200+ if it shows improved earnings Stop loss should be base of triangle pattern on closing basis. Longby Sandeepk31Updated 14
ENGINERSIN Bullish; above 168 on Thursday 14 Dec. The above information does not constitute investment/trading recommendation and it is purely for educational purpose. Please check the Strategy below... SWING Trading Strategy: Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%) INTRADAY Trading Strategy: 1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within five to 15 minutes. "High Risk Traders" buys in hope of another 2% upmove intraday. "High Risk Traders" may have to patiently wait through the Pullback-Consolidation stage to realize profits. High risk/High reward set up as breakouts may fakeout (reversal)also 2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage"). Safe traders with minimum risk profile may Wait for a breakout from the consolidation to enter at this stage to relize high profits in the final intraday final "Breakout continuation" stage 3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again. Both Safe Traders/High Risk Traders book profits at this stage Stop Loss: @ "Open" price of the day OR "Breakoutprice" This do not constitute, financial, investment, trading, or other types of advice or recommendation. Longby JJ_BreakoutsUpdated 0
ENGINERS INDIA : Weekly Chart (1-3 months)#swingtrade #breakout #VCP #vcpbreakout #rading #ENGINERSIN : >> Beautiful VCP visible >> Flag Structure Breakout >> Good Strength & Volumes Buildup >> Low Risk High Reward Trade Swing Traders can lock 10% profit & keep trailing Please Like or comment if u r Liking the analysis & Learning from it. Keep showing ur Love Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions. Longby moneyfesttrading2
Engineers India - Trendline breakThe next target for Engineers India is 1st Target - 206 2nd Target - 260 It has broken the trend line and retested the same.Longby karthikje2
Breakout soon - ENGINEERS INDIAAscending triangle and ATH breakout setup RSI near 65 and rising Trading above EMA50 Wait for confirmation!Longby plus_charts1
Engineers India ltd chartA multi year breakout is happening in Engineers India Ltd chart. Breakout of almost 13-years.Longby Vipin_Dixena2213
A significant breakoutFib Analysis- the retracement from the highs is 38.2% an indication of strength. The breakout is happening after 13 years. Breakout after over a decade of consolidation is very significant. At times the stock comes back to the breakout zone which is 156 . So it is a buy at CMP and on dips. T1 300.Longby singh17vivek4
Resistance Breakout - ENGINEERSINDIAPlease look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1%-2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose Please note that, if there are some big targets, those are drawn thinking for long term.Longby Breakout-Ideas3
I am highly bullish in thisEnginersin is ready for next 8-10% movement its looking very promising Longby MarketikUpdated 3
ENGINERSIN long positionAdded the stock as it has broken key resistance on monthly charts further upmove can be seen if it maintains on higher levels Longby tradetoexplore1