Published on 15/03/2017 11:32:45 AM | Source: Religare Securities Ltd

Sell Engineers India Ltd For Target Rs.162.00 - Religare Sec

Posted in Broking Firm Views - Short Term Report | #Engineering Sector #Engineers India Ltd #Trading Report #Religare Securities Ltd


Engineers India Limited (ENGINERSIN)

ENGINERSIN, after the recent profit taking phase, has formed a fresh buying pivot around the sup-port area of mid-term moving average i.e.100 day EMA on daily chart. Confirmation indicators are also in the favor of rebound.

 

Recommendation

Sell Engineers India Limited @ 148-150 Stoploss 144 Target 162 CMP 148.65

 

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