MAYA_MUMBAI
Education

Can Escort break the trend line on the Weekly chart ??

NSE:ESCORTS   ESCORTS
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7
583 27
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 !!





Comment: 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 !
Comment:

Toched trend line resistance in one day !!! :)
@thatmenonguy

There is a lot of resource here in trading view , You can learn from many professionals ;

You don't learn to walk by following rules.

You learn by doing, and by falling over.
Reply
I think for trendline resistance to break or not,you have to wait for 2-3 weeks then only confirmation can be suggested...
Reply
VijayGeorge vaibhav.rf
@vaibhav.rf,

Yes . Trend line resistance will be interesting to see..

It comes in the range of 700 to 720.

Coming week will be interesting
Reply
MAYA_MUMBAI vaibhav.rf
@vaibhav.rf,

Thanks for your observation !
Reply
vaibhav.rf MAYA_MUMBAI
@MAYA_MUMBAI, Welcome
Reply
Pay zero attention to me, I only came here to read the comments.
+6 Reply
mklives French_Fries
@French_Fries, hahahahaha..
+1 Reply
VijayGeorge French_Fries
@French_Fries,

Point noted. Now you may comment on the chart
Reply
VijayGeorge French_Fries
@French_Fries,

charts you post are very good
Reply
French_Fries VijayGeorge
@VijayGeorge, LMAO, I know exactly how good they are. Tbh I come here for fun.
Reply
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