Poor performance continues ENGINEERSINRS(-) continues to erode investment, once you missed sell signal given 3 year back, still lagging behind?
ENGINERSIN trade ideas
value pick with bullish technicalsenginersind :
trade set up :
1. buy at cmp 75.05 till 73
2. keep stop loss as 66 on closing basis
3. short term targets : 84.35/96.65/
long-term targets 112.25/128.35/146.35
technical setup :
1. trendline
2. fibonacci
3. triangle
4. value
note :
a. stock trading exactly at strong trendline support , which is intact for more than 52 weeks .
b. its fibonacci retracement value also at good bullish reversal value of .786
c. its trading in rising parallel channel with lower trendline intact in multiple time frame analysis.
d. in addition its valued at good price for long term / short term pick.
Engineers India - Swing Trade***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Engineers India BOEngineers India on a weekly chart is above 20 and 50 EMA, on a daily chart it has crossed the Darvas Box and EMA are moving UP. Volume wise it is double compare to yesterday.
Entry: 79
SL : 5 - 10%
Next Tranche: Post 89
Engineers India .. A low risk stock to invest/trade Engineers India - Stock has been in a downward trend and stock might bottom out near 70-65 area .. stock has decent fundamentals as long as OIL prices stay above 55-60 levels.. One can go long at 72-68 levels for medium to long term for 100-130 targets .. stoploss 60
Head and Shoulder in Engenersin keep eyesLets wait for close below neck line. Good for short below neck line
Engineers India - Bearish View # Engineers India has Broken Important Support Trendline (500 Days) and Price Closed Below It.
# Price is consistently making Lower Top Lower Bottom as per Dow Theory.
# Expected Tartest Levels may be seen are 58-60.
#Engineersindia cash : Strong support at 70#Engineers India Cash
17.08.2021
Buy Engineers india at 70-72
(Strong support at 70 )
SL 66
Target 78-82
(Risk free above 82)
ENGINERSIN W LongEngineers india on support level of ~70, if it decides to form W on weekly chart, then 90 can be expected. if the fall continues then next support of 60.
RRR of 2.
Educational purpose only. Not a recommendation.
Engineers Ind Chart looking good at cmp. This level has been acting as good support. Fundamentals aren't bad. Not a company having so much debt. Covid created some impact but performance has seen some recovery. If not for the long term can be taken for a swing trade if one finds a reversal.
Engineers IndiaEngineeers India
CMP: 79.20
Need Closing above 90.15
Exit Position once it breaks the below trendline
Targets: 102, 108, 122.80
Disclaimer: This is just for learning purpose. Invest before consulting your financial advisor
ENGINEERS INDIA LTDThis stock will change your life.
Preparing for a big move.
History will repeat again, if you notice the pattern plz comment.
The minimum target is 460 (long term - 1 Yr_600% return) above SUPER RESISTANCE GREEN TRENDLINE
Reversal Expected in Engineers IndiaObserving this simple chart, EIL is in ascending channel.
The stock price and RSI has already bottomed out, and is at a strong support zone.
Levels of 75 -74 are in a good demand zone and reversing from those levels, the short term targets could be around 100-110. Closing below 69 should be the stoploss.
One can also take this opportunity for investment purpose, as the navratna company is with no debts and has a reasonably good order book.
Do comment if you have any queries regarding the same and I am always open to your suggestions guys !
Engineers India - Long Term IdeaEngineers India looks good in weekly TF
A good candidate for positional trade
Targets - 120,160
Stop Loss - 68
To motivate me, give a like and show your support. Thank you!
Please stay safe! Happy Trading!
Regards,
Segan
Engineers India- Oil and gas sector beneficiary 🚀🚀🚀all details present on the chart
volume profile suggests good accumulation at the current price there is literally nothing to lose if you buy it
can be bought on dips till 50 target and stop loss present on the chart
oil and gas sector are always the last to rally in a bull run 🚀🚀🚀🚀🚀🚀
like and follow me for more such deep value ideas :)))))))
the moment retail focus comes onto this, this will fly
Engineers India - PSU RockstarCompleted one year consolidation
at 52 week high
Good fundamentals
Build up before breakout
at the verge of breakout
increasing volumes
>1:2 risk reward
Perfect swing trade stock
Bullish engulfing in Monthly time-frame
Go Long Engineers India Swing TradeUndervalued PSU i think its going to blast in time to come,go in slow buying dont buy in bulk will give good returns in future...Do your own research before investing
