ENGRO trade ideas

House-of-Technicals Updated 

347 - 350 is a Weekly Support Level 370 - 375 is a Strong Resistance for now

mbaberhanif Updated 

🚀 Stock Alert: ENGRO 📈 Investment View: Technically Bullish 📈 🔍 Quick Info: 📈 First Entry : 300 🎯 Target : 326 ⚠ Stop Loss: 290 ⏳ Nature of Trade: Mid Term 📉 Risk Level: Medium ☪ Shariah Compliant: YES 💰 Dividend Paying: YES 📰 Technical View: The price movement exhibits an uptrend characterized by successive higher highs and higher lows, nearing a test of the...

House-of-Technicals

Monthly Closing Above 311 is IMPORTANT for Upside Move If this Level is NOT SUSTAINED, we may witness 296 - 297 and then 285 -286

House-of-Technicals

Head & Shoulder Pattern appeared on Daily TF For Fresh Entry, Should wait for lower levels may be around 295 else, 282 - 286

House-of-Technicals Updated 

Wait for re-test of breakout level around 323 - 324

mudusir

ENGRO is currenlty in bullish trend and forming AB=CD pattern and also break the previous HH and retest the HH point so we take a long entry on market price.

House-of-Technicals Updated 

Closed at 289.87 (27-12-2023) Bullish Divergence on Hourly TF 283 is an Important Weekly Support If Sustained, we may easily witness 294 initially

Fahad-Rafique

ENGRO is bullish, as it has just made a new higher low, after a parabolic move. If the AB=Cd pattern plays out the asset could move to as high as 380. Targets are mentioned on the chart.

Fahad-Rafique

ENGRO is at a decisive price point, and next couple of candles will give a clear indication of its next move. More info on the chart.

mbaberhanif

After the break out of parallel channel, ENGRO is targeting towards 300 with the stop loss below 265.

hamza007337

Long term in consolidation looks like flag. For this breakout earnings needs to improve No Financial advice

faisalndm

Engro will take support around 247 to 248 and will then pullback to 264 to 266. If the Breakout occurs at 266 then it can move to 270 otherwise it will pullback

mumtazhamna

The price trend depicts a bearish trend. Current point seems to be a good entry point, backed by fib retracement at 0.382 level.

meerabdullah

Potential Upside 15% / Target 310 stoploss should b at 255

WaqarAzim Updated 

Buy around 264 with sl below 249.50, targeting 290-295. Partials @ 275-277 Buy more near 255 with same sl