Engineers India - Breaks Above Strong Resistance

٢٠ نوفمبر ٢٠١٦

It is been observed on hourly and daily chart that the price action breaks and closes above the important and strong resistance levels of 275-278, indicating a strong buyers dominance and further bullishness ahead. It may correct to 275 levels before it goes up again. Therefore, I would suggest to keep a good eye on price action in order to reduce risk.

Target: 292
Stoploss: 269

٢١ نوفمبر ٢٠١٦

أغلقت الصفقة: تم الوصول للهدف

Opened high and achieved our target successfully. Regards