ENGINERSIN trade ideas
Engineers India Can Buy only if closes above 82 or on dips to 70Viewing trending lines one can make long position if daily closes above 82 or if it falls on support around 70. So, better wait and gain than hurry and loose. RSI in buying zone not in overbought and increase in volume indicating positive upward move. Trade cautiously.
Trade # 4 : Engineers India - Min 8% in next 3-4 daysAll the details provided in the chart. Stock is part of Make-In-India campaign being promoted by India. You can also keep this for long term portfolio
DISCLAIMER:
As a trader, you should consider your own risk: reward ratio and do proper lot sizing according to your margin and leverage level. This analysis is a trading idea, not a trading signal for you. Consult your financial advisor before making any trade.
My own trend direction estimation, entry point, stop loss and take profit levels are on the chart.
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