ENGINEERS INDIA LIMITED - ASCENDING TRIANGLE WITH HIGH VOLUME

• Retesting previous resistance level
  
• Formation of massive Bullish Engulfing candle
  
• Spike in Volume
  
• Wait for the price to sustain above resistance and then go Long.
  
• Rejection from resistance will move the price to the previous support level of 71-73.
  
  

P.S: This is NOT investment advice. This chart is meant for learning purposes only. This is my personal journal. Invest your capital at your own risk.