HARMONICSANAND

parallel channel / triangle breakout !

Long
HARMONICSANAND Updated   
NSE:ESCORTS   ESCORTS KUBOTA LTD
escorts :

trade set up :
1. buy above 1199
2. keep stop loss as 1145 on closing basis
3. targets : 1235/1276/1378 /1458+
buying based on technicals :
1. rising parallel channel
2. triangle breakout
3. demand and support .
note : already stock has taken support at 1160 at lower trendlines of triangle and parallel rising channel .
its on the verge of resistance trendlines breakout price zone 1196 to 1199 .
watch out for this stock to have good breakout from good consolidation of price & compression zones.
Comment:
1255+ high
Comment:
1352 + high
Comment:
1375+
Comment:
1444+ high
Trade closed: target reached

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