ENGINERSIN is showing possible sign of trend reversal. We will have to wait till it breaches Keltner Channel Downtrend of violate the previous high of around 138
After a recent uptrend the stock might consolidate in downward channel for sometime. Every upmove towards the upper channel is a possibility to short The reason why violation of the previous low is not just pullback comes from MACD divergence on daily charts. Will update possible targets once Lower high is confirmed on the chart
Its Trading very near to the resistance zone with increasing volumes. Keep an eye for an breakout trade