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Vimal K

23rd May · SEBI-Registered Analyst

WATCH OUT FOR WEEKLY TOP LOSERS

CE Info Systems Ltd (MAPMYINDIA) - The stock of CE Info Systems Ltd has shifted heavily into bearish territory. The stock is trading significantly below all its short-term and long-term daily EMAs, confirming an active, strong downtrend across multiple time horizons. Daily RSI below 40 and MACD Histogram below zero indicates that more downside can be seen in coming days. Engineers India Ltd (ENGINERSIN) - The stock of Engineers India Ltd saw a sharp -13.84% weekly drop closing at ₹215.40, triggered by a fourth-quarter earnings miss in its consultancy and turnkey business segments, the daily technical setup for Engineers India Ltd (ENGINERSIN) has turned strongly bearish. The stock broke below its major short-term clusters in a single session and is testing long-term structural support.. The stock is below 100 Day EMA and 200 Day EMA will act as the immediate support. Daily RSI below 40 and MACD Histogram below zero indicates that more downside can be seen in coming days. $MAPMYINDIA $ENGINERSIN

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