Rebound Insight Our Pivot: 124.72 Our Preference: Buy Engro above 132.10 and 134.40 as long as 128.72 and 124.70 are sustained as supports with profit targets at 146.10 and 152.24. Alternative Scenario: Downward penetration of 124.72 will call for 119.18 and 103.16 NOTE: ENGRO is coming back after retesting its upward price […]Read more ›
Post Tagged with: "Engro Analysis"
Downside Prevails Our pivot: 147.82 Our Preference: Short Sell engro below 144.62 and 145.56 with a strict stop loss of 147.82 and profit target at 136.62 and 132.84 with extension towards 128.72 and 126.84 Alternative Scenario: Upward Penetration of 147.82 will call for 152.24 NOTE: Engor is moving back after testing its strong […]Read more ›
ENNGRO Caution (Swing on Both Sides) Our Pivot: 146.02 Our Preference: Swing on both sides (Short sell with strict stop loss of 146.02 and profit target at 138.10 and 135..72 with extension towards 132.10 OR if it becoem able to close above 146.02 then Cut you short selling and buy with profit target […]Read more ›
ENGRO Caution Ahead Our Pivot: 138.60 Our Preference: Swing in both sides. (Short positions below 138.60 with strict stop loss of 139.85 and profit target at 129.80 other wise buy around 131.29 with a strict stop loss of 129.80 and taget at 138.60. Alternative Scenario: Upward penetration of 139.85 will […]Read more ›
ENNGRO Short Bullish above 134.96 Our Preference: Our Preference long positions around 137.51 with strict stop loss of 134.96 and profit target at 142.62 and 146 Alternative Scenario: Downward Penetration of 134.96 will call for 132.59 NOTE: Engro can get a short term support at 134.96 so swing trading strategy can be adopted by buying […]Read more ›
ENNGRO Caution Our Preference: Short Term Investors can take a chance to short sell Engro with a strict stop of 146.02 to 147.82 area with targets at 128.72 and 119.13 with extension towards 115 . (Buying not recommended right now) Alternative Scenario: Upward Penetration of 147.82 will call for a new era of bullish […]Read more ›