Stock Radar: Engineers India stock takes support above 200-EMA, ends 14-week consolidation; check target price & stop loss
Engineers India Ltd (EIL), part of the civil construction space, took support above the 200-week Exponential Moving Average on the weekly charts in March 2025 and bounced back.Short-term traders can look to buy the stock for a target of Rs 208 in the next 1-2 months if the momentum sustains, suggest experts. The civil construction stock hit a high of Rs 304 on July 12, 2024, but it failed to hold the momentum. It closed at Rs 184 on April 22,
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