EILLast 10 trading sessions heavy consolidation going oN.. Anytime it will catch heat..Target 120/140+ Sl 92
ENGINERSIN trade ideas
Darvas Box Breakout A countinuation pattern
#ENGINERSIN
- Out of Darvas Box
- Increased volume
- Above Key EMAs
- Bullish RSI
Engineers India Ltd _ On a Multi Year Break outEngineers India Ltd is a company engaged in construction and maintenance of industrial facilities such us refineries, chemical plants etc and also engaged in architectural and engineering activities and also related in technical consultancy . Now having good number of orders from different projects of IOCL, BORL-refinery expansion . Also focussing in new verticals like hydrogen, biofuel etc and also planning to expand its export presence in middle east Africa and South America . A debt free company with zero promoter pledge. Price is near at 52 week high now and if momentum supports multi year breakout can happen . Expecting a movement above 150 levels in 3-6 months time
Engineers India - Momentum playA stock which has broken its downward tread and went above the base resistance..
Long above 101.50 and the stock could make some good moves going ahead.
Stoploss below 92.
ENGINEERS INDIA This stock is going to become rocket & last week this broke march 2020 level so keep adding on dips
Can get double from here!!Chart -> Engineers India Weekly
Looking at the structure, it can double easily in 1 to 3 years, the highest ever weekly volume in the history of 23 years of the stock!
CMP: 97
Good Range: 85 to 95
Target: 130, 145, 175, 200
SL: 80 Weekly Close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
ENGINERSIN - Ichimoku Bullish Breakout Stock Name - Engineers India Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 98
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
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Given range BOThe stock has given a range breakout with volume today.
Buy above 97.7 or on dips till 93.3 level for positional targets of 105 and 120.
This is purely positional idea.
Learn & Earn,
Dr. Tanya Kumar
Technical Analysis Engineers India LimitedThis is a technical analysis report on NSE:ENGINERSIN Engineers India Limited (EIL), a leading engineering and consultancy firm in India.
Technical Analysis Summary:
EIL is currently trading at INR 77.05 (as of 18th April 2023, 2:26 p.m.).
The stock has recently breached its 50-day moving average from the bottom upwards, with the 0.618 Fibonacci retracement level acting as resistance.
Stochastic RSI indicates overbought conditions with KD values at 95.64 and 94.46, respectively.
MACD suggests a positive uptrend, while Williams %R is above the -14.56 level.
Based on our technical analysis, we recommend the following:
Buy Recommendation:
Target 1: INR 78.35
Target 2: INR 80.45
Stop Loss: INR 75.05
Please note that these recommendations are based on our technical analysis and should be considered along with other factors, such as market conditions and the company's fundamentals, before making any investment decisions.
Outlook:
The current technical indicators suggest a bullish trend in the short term for Engineers India Limited. However, investors should closely monitor the stock and adjust their positions accordingly, considering the overbought conditions indicated by the Stochastic RSI.
Disclaimers and Disclosures:
This report is for informational purposes only and should not be construed as a solicitation or offer to buy or sell any securities. Finogent Solutions and its analysts may have positions in the securities mentioned in this report, and any such positions are subject to change without notice. The information and opinions presented in this report have been obtained from sources believed to be reliable, but their accuracy and completeness cannot be guaranteed. The views and opinions expressed in this report are those of the analysts at Finogent Solutions and may differ from the views of other market participants. Please consult your financial advisor before making any investment decisions.
Engineers India investment stock portfolio Hi every one long term investment stock for portfolio
Almost capital double hone ke chances hai 2023 december tak
So small sl ke sath small quantity long term buy kar sakte ho
Triangle Pattern BreakoutPlease 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
ENGINERSIN : CMP 74 - Long for short term target of 85ENGINERSIN : CMP 74 - Long for short term target of 85
CMP is at trendline support, can be bought for short term target of 85.
#ENGINERSIN BO with VolumeWTF:-
Stock was in Stage 4, formed a base Stage 1, BO out of resistance after a small consolidation.
Price is above the 200 EMA WTF with increase in volume. RS Line making 52w High
Can be a start of a fresh Stage 2 (Growth).
DTF:-
Price is in a UP trend formed a Cup and Handle Patter at WTF RT and BO with volume spikes
RS Line making 52w High
Enginers India tight H&S.Engineers India is near resistance and has formed a tight head and shoulder.
Swing/positional idea for 16-17% || Engineers indiastock has given confirmed breakout on weekly chart. Buy at CMP of 88 for a target of 92 and 102. SL will be 80. A 1:2 risk reward ratio.
Double Bottom(W) Breakout at ENGINERSINDouble Bottom (W) #Breakout at #ENGINERSIN (Engineers India Ltd) Weekly Chart. It #Outperformed the #Nifty.
What Is a Double Bottom?
A #doublebottom #pattern is a technical analysis charting pattern that describes a change in trend and a momentum reversal from prior leading price action. It describes the drop of a stock or index, a rebound, another drop to the same or similar level as the original drop, and finally another rebound. The double bottom looks like the letter "W". The twice-touched low is considered a support level.
KEY TAKEAWAYS -
The double bottom looks like the letter "W". The twice-touched low is considered a support level.
The advance of the first bottom should be a drop of 10% to 20%, then the second bottom should form within 3% to 4% of the previous low, and volume on the ensuing advance should increase.
The double bottom pattern always follows a major or minor downtrend in a particular security, and signals the reversal and the beginning of a potential uptrend.
ONLY FOR #educational
NOT SEBI REGISTERED. #LEARNEARN (TRUST YOURSELF)
#nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #Chartanalysis #headandshoulders #doubletop #doublebottom #parallelchannel #relativestrength
DISCLAIMER: I am not SEBI registered analyst. All posts are for educational purpose only. I am not responsible for your any loss or profit. Consult your adviser before taking any trade. I help people to learn technical analysis & charts reading.
Triangle pattern BreakoutPlease 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
#Engineers IndiaStock has given BO with volume spurts in monthly TF after 3 years, follow chart for targets and support.
Engineers India Ltd - Reversal on charts. Good to go long.Stock price showing reversal on weekly chart and trading above all moving averages.
