Stock of the day - Engineers India Ltd Target Rs. 305 - Religare Broking Ltd
Engineers India Ltd
Buy Engineers India Ltd CMP (Rs) 285.25 Range* 283-286 SL 274 Target 305

* ENGINERSIN maintains a robust bullish structure, with price action forming higher highs and higher lows following a decisive consolidation breakout.
* The stock trades firmly above its short, medium and long-term moving averages, while positive alignment confirms strengthening trend momentum.
* Momentum remains constructive, supported by improving price action and volume expansion during the breakout, indicating strong participation.
* Investors may consider accumulating the stock within the recommended range.
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SEBI Registration number is INZ00017433
