Lucifer759

Escorts - Changing Trend

Short
Lucifer759 Updated   
NSE:ESCORTS   ESCORTS KUBOTA LTD
Stock seems to be breaking a long term trend line as drawn in the above chart which suggests more selling could come. But its also seems to be taking support at 784 levels so either wait for a retest of the above broken trend line to sell or a breakdown below 780 levels.
Any breakdown below 780 levels with a strong close below that level may signal correction upto 745 levels.
Positional targets can be 684.
Trade active:
Wait for Targets of 745 and 733
Trade closed: target reached

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