Engineers India - Breaks Trendline

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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 ist aktiv
Correcting Sharply, already 2% down.
Trade geschlossen: Ziel wurde erreicht
Wow moments, this the forth target that we achieved today successfully.
Wish you all the best, Regards
breakoutengineersindiaTrend Lines

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