Buy 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 returns
ENGINEERS 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...
ENGINERSIN my study points 1) M ,W , DAILY break-out 2) break-out with high volume spike 4) chart pattern rounding bottom 5) fundamentally strong stock 6) Company is almost debt free. 7) Company has been maintaining a healthy dividend payout of 71% holdings :-))) a) Promoters 51% b)FIIs & DIIs 24% c) Public 25% .If You LIKE MY Idea …please…Boost its for more...
NSE: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...
Education Purpose Only... Strong Breakout with Good volume and this stock is fundamentally strong. Very Bullish..
BUY @ 233.95 RS TARGET @ 359.55 RS BUYING CONFIRMATIONS: Rounding bottom breakout Expected returns are around 52.00 %
It'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.
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...
Engineers India Ltd. is engaged in Consultancy & Engineering projects and Turnkey projects. It is a Government of India Enterprise under Ministry of Petroleum and Natural Gas. The company is focused on oil and gas and petrochemicals industries in India & internationally, and also non-ferrous mining and metallurgy and infrastructure. It also provides engineering...
#ENGINERSIN trading above Resistance of 185 Next Resistance is at 269 Support is at 133 Here are previous charts: Chart is 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...
Checkout 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...
#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...
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.
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...
Breakout in NSE:ENGINERSIN Cup & Handle Pattern with good Volume. Short Term Target: 200
#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...
The next target for Engineers India is 1st Target - 206 2nd Target - 260 It has broken the trend line and retested the same.
Ascending triangle and ATH breakout setup RSI near 65 and rising Trading above EMA50 Wait for confirmation!