MAYA_MUMBAI

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

Education
MAYA_MUMBAI Updated   
NSE:ESCORTS   ESCORTS KUBOTA LTD
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 !!! :)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.