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NeeteshJain
2 nov 2016 11:04

Engineers India - Breaks Trendline  Short

ENGINEERS INDIA LTD.BSE

Descrizione

It is been observed that the price action breaks and closes below the upward trending line on daily chart, indicating further weakness and bearishness. Now, it shall further move down to the next support level at around 252-250 levels. It is also important to note that it is facing a strong resistance at around 275-278 levels.

Target: 252
Stoploss: 280

Trade attivo

Correcting Sharply, already 2% down.

Trade chiuso: obiettivo raggiunto

Wow moments, this the forth target that we achieved today successfully.
Wish you all the best, Regards
Commenti
dev_trader
Just wow...:) Congratulations. Keep going.
NeeteshJain
Thanks Dev, incase it breaks below the 250 levels then it shall further go down to 247 and 240 levels. Regards
UnknownUnicorn646072
also abcd pattern formed and break trendline,
tikkuk
many stocks must have broken the trend-line today ... I think one must wait for the confirmation ...
NeeteshJain
@tikkuk well said :)
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