LONG

ENGINEERS INDIA (EIL)
CMP: 251.20
Monthly Chart (4 Feb 2024)

Key Study Points:
- Breakout of Very Long Consolation Zone with Strong Volumes
- Multi Year Breakout
- Strong Price Action
- Stock can Double from here if the momentum continues
- Keep SL of 201 and keep Trailing the SL.

Disclaimers:
This chart & study is for Educational & Learning Purpose. This shouldn't be construed as an advice to Buy / Sell / Hold. Pls consult your Financial Advisor before Trading / Investing.