ENginers india has broken down from its uptrending TL...immidiate tgts seem at 108 . stops can be placed at 115
stock has been in a long consolidation - in rectangle trading strategy short below 116 with strict sl of 120 target 100
The stock is breaking breaking out of a downward channel and has a potential to run upto 142- 154 range. if this sustains
After a big rise (70 to 210) price is taking support near the present level for last one-and-half years. This may be a good preparation for a possible ride.
BUY ENGINEERS INDIA @ 170 STOP LOSS OF 160 TARGET 190 AND 200 TIME FRAME 5 TO 10 DAY'S ON DAILY CHART STOCK CLOSING ABOVE 200 DEMA AND ALSO CLOSE ABOVE PREVIOUS HIGH.
Long if weekly close is above 170 Probable Cup & Handle breakout
long terms resistance zone of 250 breached. will the stock make new highs?
Engineers india if break 187 then new high 198 if not break then play with support and resistance, and touch 198
We all know from recent news that ENGINERSIN is oversubscribed by more than twice with Government's recent disinvestment plan. This is Fundamental News,Lets see how we are going to convert this fundamental news into a Valid Buying Opportunity with Technical Analysis. Article Here : www.thehindubusinessline.com 1) Bullish Cypher Pattern completion 2) Double...