Stock Radar: Engineers India stock takes support above 200-EMA, ends 14-week consolidation; check target price & stop loss

Engineers India Ltd (EIL) rebounded from its 200-week Exponential Moving Average in March 2025, signaling a potential uptrend. Technical indicators suggest a bullish outlook, with a target price of Rs 208 within 1-2 months. The stock exhibits a structural revival, supported by a breakout from a 14-week consolidation and positive momentum in RSI and MACD indicators.