thechama3

ESCORTS APPLIED BRAKES ON THE DOWNTREND FOR A WHILE!

Long
thechama3 Updated   
NSE:ESCORTS   ESCORTS KUBOTA LTD
Escorts might have stalled the downtrend for a while and is likely to move towards 690-700 in the short term. One can buy on a dip with a SL of 598.
Comment:
Escorts makes a high of 651 before giving way.
Comment:
Escorts breaks 653 on the upside. One can book partial profits.
Trade closed manually:
Closing the rest of the position. Shall enter again on a dip.

Overall a profitable trade.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.