#Engineers indiaAfter crossing 200EMA Engineers india holding strong above 200 EMA, it could be a Good entry after a successful breakout of 130.
if you are passive investor then you can enter after 140 breakout and also when 100EMA crosses 200EMA.
ENGINERSIN trade ideas
EnginersInd Long @120 for 140 SL 110Long @120 for 145 SL 110.
Share taken support @78% Fibb level since last 4 months. Crossing 50 weekly moving average & trading above 200 Daily average for a week.
All this shows support to upmove with a week. Keep tight SL as on candlestick it has not yet strong strength.
Engineers India : Engine on runBuy on hourly close above 131 with stop loss below 122 for target 160.
Engineers India has been consolidating in 100-130 range from last 8-9 months. It has given breakout within the pattern but still not able to cross 130 range. 20 DEMA is above 50 DEMA. 50 HEMA is above 200 HEMA. Volume has been good in the run from 100 to 130. 120 will act as support zone.
Counter is still in range and we would wait for hourly or daily close above 131 to get clear trend.
Engineers India : Triangle breakout!Engineers India has been in a down trend since December 2017. After consolidation of several months forming a triangle, the stock finally appears to have broken out today. ITs certainly worth checking this breakout is sustainable and then join the LONG ride!
EnginersindEnginersind trading at triple bottom pattern we can see some bounce back from support price with high volume we can see upside toward 110-115 level post reslt if hold 102 level and if stock break 102 level we can see downside toward 97-93 levels. (Sustain matter)
#ResultpreviewwithMrChartist
Bullish Cypher Engineers IndiaBullish Cypher Engineers India
Prz - 106.50 - 109
Sl - 104
Target 1 - 111
Target 2 - 113
ENGINEERS INDIA - TIME HAS COME TO MOVE UPA PERFECT SAUCER FORMATION WITH NECK LINE AT 128.
ON BREAKING THIS UPWARDS, 140 IS THE NEXT TARGET.
ALSO, IT MAY MOVE TO A HIGHER TARGET OF 160, IF THE MARKET CONDITIONS ARE FAVORABLE FOR IT.
LET THE STOP LOSS BE PLACED AT 111.
ENGINEERS INDIA inside bar trade Long if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
ENGINERSIN inside bar trade Long if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
ENGINERSIN Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
Engineers India - Daily time frame Analysis Bullish Gartley + DEngineers India - Daily time frame Analysis
Bullish Gartley + Daily demand zone
CMP 110
Buying Range - 109- 103 , SL 99
Take Profit 112-115-118-122-127+
