MAYA_MUMBAI

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

Education
NSE:ESCORTS   ESCORTS
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 !!! :)

Comments

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
MAYA_MUMBAI French_Fries
@French_Fries,

Attention is a limited resource !!
Reply
only above 696 695 this can get some momentum..740 is 100 weekly mov avg which will very tough to cross..
+1 Reply
@mklives,

Yes ; even the trend line resistance comes @ around 700
Reply
@mklives,

Thanks for the chart !
+1 Reply
@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