Can Escort break the trend line on the Weekly chart ??
Here in this weekly chart of Escorts , -
I have shown the
1) Support and the Resistance
2) Trend line resistance
Mac-d is currently on +ve side on weekly chart
Price is above 200 Sma and is pointing upwards
Price is at a support level on weekly chart
Critics are welcome to comment on the above chart !!
I have shown the
1) Support and the Resistance
2) Trend line resistance
Mac-d is currently on +ve side on weekly chart
Price is above 200 Sma and is pointing upwards
Price is at a support level on weekly chart
Critics are welcome to comment on the above chart !!
Note
What a great up-move in Escorts today after this post yesterday ?It is Fast approaching the trend line which i have drawn !
The coming week is a make or break week for Escorts ?
Surely the trend line should give some amount of resistance
who wins is a matter of time !
Note
Toched trend line resistance in one day !!! :)
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