Engineers India is near resistance and has formed a tight head and shoulder.
WTF:- 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
Breakout in Engineers India Ltd with high volume. Also crossed 200 EMA
Please 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 85 CMP is at trendline support, can be bought for short term target of 85.
stock 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.
high Momentum business with volume spurt both monthly and weekly RSI above 55. invest in business not in stock debt free business.
Double 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...
Please 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
Stock has given BO with volume spurts in monthly TF after 3 years, follow chart for targets and support.
My idea is for educational purpose. EIL is looking good from here.
Stock price showing reversal on weekly chart and trading above all moving averages.
Can buy at current price & 1st Target is 84.50, 2nd Target is 88.60 & 3rd Target is 95.25 Stop loss below 77.50 This is only for educational purpose kindly trade at ur own risk Thank you
#ENGINERSIN Railwaytrack pattern. Look for 20DMA support tarde #Educational purpose only
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.
Engineer India taken support in monthly chart now moving higher . 120 can be seen in coming months
~increasing FII stake, coupled with a multiyear #breakout in a PSU themed stock is a perfect recipe for a #multibagger Targets in blue with a SL of 55 on WCLBS
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking profit for 1% - 2% For long-term trades look out for resistance drawn above closing