ENGINEERING INDIA - On long term pursuit of 10 yrs tgt for 450+?
ENGINEERS INDIA
#ENGINERIN in 1999 has fallen from 104 to 5 rs... and from 5 rs in 2001 to 265 by 2010 which is almost 2.618%
Similarly, #ENGINERIN fell from 265 in 2010 to 50 rs by 2020 which is almost 50% retracement from the life time retracement fibs... (refer markings on the chart)...
Continuation of its 10 yrs yield trend, expecting #ENGINERIN to touch 450-560+ by 2030
#ENGINERIN in 1999 has fallen from 104 to 5 rs... and from 5 rs in 2001 to 265 by 2010 which is almost 2.618%
Similarly, #ENGINERIN fell from 265 in 2010 to 50 rs by 2020 which is almost 50% retracement from the life time retracement fibs... (refer markings on the chart)...
Continuation of its 10 yrs yield trend, expecting #ENGINERIN to touch 450-560+ by 2030