Price has retested its support zone and has bounced back up with high buying volumes after an inside

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28 Aug 2024 | 5 Min Read

Stock price retested support zone and bounced back with high volumes

Stochastic indicator exited oversold zone, indicating buying momentum

Recommendation to buy stock at current price with stop-loss and target

Engineers India: Conviction Delivery Idea Technical Pick

Target duration: Weekly

Stock price: 222, Stop-Loss: 216, Target: 234