IL&FS Eng - Long above the line
Flag Pattern Observed .
IL&FS ENGINEERING BUYING RANGE:- 47 TO 44 TARGET:-60 65 STOP LOSS:-36 (CLOSING BASIS)
Honoring 78.6 Fib levels. Made couple of bottoms...shall move up from here on..
Scrip inching higher and closing above 58.28 i.e 0.382 Fibonacci levels will confirm bullish move Watch out! Immediate Target - 63.00 (i.e 0.786 Fibonacci level), 68.00 Stop loss - 55.00 (Immediate support level) CMP - 57.00