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 !!! :)
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