Long Engineers India for Target of 109 - 127 - 200
Aggiornato
Engineers India gave a perfect Triangle breakout on monthly chart.
82.5 is a first resistance once sustains above this then stock will go for target of 109.25
In few years can reach a target of 200+ if it shows improved earnings
Stop loss should be base of triangle pattern on closing basis.
82.5 is a first resistance once sustains above this then stock will go for target of 109.25
In few years can reach a target of 200+ if it shows improved earnings
Stop loss should be base of triangle pattern on closing basis.
Nota
The breakout trade will be confirmed by end of this month. Then go LongTrade attivo
Trade active and go LongStop Loss - 68.20 on closing basis (Monthly)
Buying Range Rs. 72 to 83
Nota
some of the targets marked on chart is completed. Now waiting for 200 to be breachedNota
Important resistance taken out today 200 is coming and if the lifetime high is broken and sustained then aim for the skyNota
Don't sell due to weak market. Hold it and money will come. All targets will come.Problem with retail investors is fear and pre-mature exit.
Nota
will go through some retracements before achieving the final targets. HoldNota
Final target still intactTrade chiuso: obiettivo raggiunto
All three targets reached. Took more than a year but more than doubled the money.
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