Buy Engineers India for target of Rs 347-365: Nirmal Bang
Nirmal Bang has advised traders to buy Engineers India for target of Rs 347-365.
By ET Bureau |
MUMBAI: Nirmal Bang has advised traders to buy Engineers India for target of Rs 347-365.
Engineers India can be bought from an investment view. After a long time of consolidation we have seen volumes picking up and the technical oscillator RSI and Stochastic giving a fresh buy signal.
The stock has managed to close above its 5 & 20-DMA of Rs 316-319, positive for the near term. Buy on dips with stoploss of Rs 302 for target of Rs 347-365,” the report said.
Engineers India can be bought from an investment view. After a long time of consolidation we have seen volumes picking up and the technical oscillator RSI and Stochastic giving a fresh buy signal.
The stock has managed to close above its 5 & 20-DMA of Rs 316-319, positive for the near term. Buy on dips with stoploss of Rs 302 for target of Rs 347-365,” the report said.
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