Engineers India chart, check with daily as well as weekly time frame. See the channel pattern since inception. The stock has took support twice on Mar 2020 and July 2022 on the trend line. It is now showing a reversal from Jul 2022 with trend line breakout (see the trendline slanting down from left to right. First target 90rs and next is 140/160. Expecting a return of 100% in a period of 1 to 2 years from this price.
Note
Reached its first targetNote
First target achieved. from 70 to 113
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.