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Technicals for Engineers India Limited
By MusingTheNews
2025-07-16 20:32
Overall Technical outlook
Price Summary
Engineers India Limited's stock started trading at 246.9 on 2025-07-16, climbed to 251.8, fell to 245.75, and closed -0.13% lower at 246.58, with 1938796 shares traded. For the 52-week period, the stock's highest price is 268.7, and the lowest price is 146.85. 5 analysts forecast that the price of ENGINERSIN will range from 230.0 to 274.0, with an average expected price near 249.2.
Technicals
Support and Resistance: The price of 246.58 is supported at 242.37 and capped by resistance at 250.52. These levels mark key points for Engineers India Limited where the price could find stability, with 242.37 as a floor and 250.52 as a ceiling. Support/Resistance for ENGINERSIN
Aroon: The current state of the AROON 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. 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 for ENGINERSIN maintains its bullish outlook, setting a strong support level that could underpin further gains. This suggests that the market is likely to continue its upward trajectory, with the established support providing a safety net for ongoing bullish momentum. Parabolic Stop and Reverse chart for Engineers India Limited
Stochastic: The STOCHASTIC is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Stochastic chart for Engineers India Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned in a bearish pattern, signaling a downtrend. However, the slopes of the 20 and 50 SMAs are starting to waver, suggesting that the bearish momentum may be weakening. This could be an early sign of a potential bullish reversal for ENGINERSIN, as the market's downward trajectory begins to lose strength and a possible shift towards more positive price action may occur soon. Tripple SMA chart for Engineers India Limited
When evaluating a company's technical data, such as stock price charts or volume, it is essential to first consider its fundamentals. These fundamentals include financial stability, growth potential, and competitive advantages. Additionally, understanding the broader industry in which the company operates offers context that helps to make sense of technical patterns. By examining both the company's internal strengths and external environment, one can make more accurate and meaningful conclusions about its stock performance.
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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