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Umang Bhutada

19th Apr · SEBI-Registered Analyst

Engineers India Ltd – 1W

ENGINERSIN
Trend: Range-bound with bullish reversal attempt Key Levels: Resistance – 257 / 305 Support – 164 / 139 Price Action: After prolonged consolidation, price is showing strong bullish candles from lower range, indicating accumulation. Expected Move: Sustaining above 257 → upside expansion towards 305 Failure → back into range towards 200–180 zone Verdict: Early reversal structure — strength above 257 📲 Join for daily charts & insights: ***** Disclaimer: I am a SEBI Registered Research Analyst. This content is purely for educational and informational purposes only. It does not constitute investment advice or recommendations. Please consult your financial advisor before making any investment decisions.

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