LONG ENGINERSIN @ 283-285 for Targets 344 & 383.
ENGINERSIN has moved very well since last bottom it has formed in February 2016 around 138. Since then it has been a steady rise for stock. It has been range bound for a while and Clear breakout has been seen last Week Closing above 280.
It will Reach 344 & 383 Levels Soon.
*Sharing Ideas for Educational Purpose Only.
TechM has Probably Made a Double bottom Around 405 to 407 Levels on Weekly Charts.
Daily Trend has Change to upwards. Closing Above 456 would take him further to 483 Levels ( 50% of Swing Range )
Its a Worth Buy and accumulate at Current level From 440 keeping a Exit Level @ below 427 on Closing Basis.
A Short to Medium Term Trade.
Being Major Trend is down crude oil futures is all set to re-trace it's up move.
So one can Short Around 45.70 and Above keeping a Stoploss level @ 46.50 to 46.60
For Target 44.25$ to 43 $
This is a short to medium term Trade