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Technicals for Engineers India Limited
By MusingTheNews
2025-12-15 20:33
Overall Technical outlook
Price Summary
On 2025-12-15, Engineers India Limited's stock opened at 192.1, reached 196.4, hit a low of 192.1, and rose 0.89% to close at 193.81, with 1385146 shares traded. In the past year, the highest stock price was 250.52, and the lowest was 146.85. According to 5 analysts, the price of ENGINERSIN in the future is projected to be between 205.0 and 285.0, with an average expected price of 242.2.
Technicals
Support and Resistance: The price of 193.81 is supported at 190.31 and capped by resistance at 196.14. These levels mark key points for Engineers India Limited where the price could find stability, with 190.31 as a floor and 196.14 as a ceiling. Support/Resistance for ENGINERSIN
Aroon: The AROON is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Aroon chart for Engineers India Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Bolinger Bands chart for Engineers India Limited
Parabolic SAR: The PSAR continues to signal a bearish outlook, establishing a resistance level that could act as a ceiling for upward trends. This resistance suggests that the market may struggle to overcome bearish forces, keeping prices under pressure. Parabolic Stop and Reverse chart for Engineers India Limited
Stochastic: The current state of the STOCHASTIC is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Stochastic chart for Engineers India Limited
Tripple Moving Agerage: The alignment of the 20-50-100 period moving averages suggests a bullish trend, but the slopes of the faster averages hint at a potential reversal. The weakening signals from these shorter-term averages indicate that the current upward momentum may be fading, suggesting that a change in direction could be near. Tripple SMA chart for Engineers India Limited
When assessing a company's technical performance, such as stock price fluctuations and trading volume, it is crucial to first examine its fundamentals. These fundamentals include financial health, profitability, and growth potential. Additionally, understanding the industry's dynamics, including competitive pressures and market trends, is key to contextualizing the company's performance. By integrating these factors, a more comprehensive and meaningful analysis can be conducted, leading to more informed investment decisions.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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