Overall Technical outlook

Price Summary

In today's trading, Engineers India Limited's stock dived by -2.14%, showcasing an lacklustre market day.
On 2025-04-25, Engineers India Limited's shares started at 183.29, peaked at 183.64, bottomed out at 174.64, and ended -2.14% lower at 179.37, with 3563009 shares traded.
The stock's highest price in the past 52 weeks is 290.25, while its lowest price during the same period is 146.85.
The price projection is between 190.0 and 242.0, with an average expected price around 216.66667, according to 6 analysts.

Technicals

Support and Resistance: The current price is 179.37, with support at 162.18 and resistance at 188.46. This range suggests that the price might move between these levels, with 162.18 offering support and 188.46 capping further gains for Engineers India Limited.
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Support/Resistance for ENGINERSIN


Aroon: The current state of the AROON is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment.
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Aroon chart for Engineers India Limited


Bol. Bands: The BOLL BANDS is showing a neutral stance, with no definitive indication of an upward or downward trend for ENGINERSIN. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move.
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Bolinger Bands chart for Engineers India Limited


Parabolic SAR: The PSAR remains bullish in its outlook, establishing a key support level that could serve as a foundation for further upward movement. This persistent bullish stance suggests that the market may continue to trend higher, with the established support providing a potential safety net for investors.
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Parabolic Stop and Reverse chart for Engineers India Limited


Stochastic: The stochastic indicator for ENGINERSIN reflects the K-line moving below the D-line, though it stays above 80, hinting at the potential beginning of a bearish price move. This setup suggests that the market's strength may be diminishing, with a possible downturn ahead. Traders should be on alert for further bearish confirmation.
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Stochastic chart for Engineers India Limited


Tripple Moving Agerage: The current reading of the Tripple MOVING AVG indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty.
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Tripple SMA chart for Engineers India Limited


When evaluating a company's technical data, such as stock price charts or volume, it is essential to first consider its fundamentals. These fundamentals include financial stability, growth potential, and competitive advantages. Additionally, understanding the broader industry in which the company operates offers context that helps to make sense of technical patterns. By examining both the company's internal strengths and external environment, one can make more accurate and meaningful conclusions about its stock performance.