Engineers India - breakout on volumelong terms resistance zone of 250 breached. will the stock make new highs?
ENGINERSIN trade ideas
Engineers indiaEngineers india
if break 187 then new high 198
if not break then play with support and resistance, and touch 198
Engineers India : Bullish Cypher Patter with Double BottomWe 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 Bottom
3) RSI Bullish Divergence
4) Good Risk :Reward
Guys, I dont wait for anymore confirmation or reason for entering Long in ENGINERSIN, as it suits my plan.
Trade if it suits your plan also
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