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Trade-Technique
Mar 20, 2020 6:28 AM

We need more patience still for long 

ESCORTS KUBOTA LTDNSE

Description

Patterns

Trade closed: target reached

Comments
yehpaisa
Hi do you conduct seminars ?
Trade-Technique
@yehpaisa, i will try
satyans
Fridays bounce is due to Short covering.
Most of the Corona pain is yet to be felt
March results will not be promising for any company
so bet on accumulating small quantities in cash shares.
Yes Madam?
The_RedTicker
@satyans, they made a deal with a japanese company. some sort of JV. It supposed to be good
Tradersclub_india
Escorts will issue and allot more than 1.22 crs equity shares through a preferential issue to Kubota at Rs 850 apiece for Rs 1,042 crore, according to its exchange filing. That’s a 48.21 percent premium over Thursday’s share price.

That's the beauty of technical analysis , it tells you well in advance about any such an opportunity !!!

Good analysis @Kinnari_Prajapati

What target do you suggest as Kubota is paying 850/ share and this share despite running y'day still available @675 ?
Trade-Technique
@Tradersclub_india, your target has been achieved but i forget to check it.
Rajendra_5
Any updates for nifty level
kaushal5arun
Hi...Now the price of ESCORTS has closed at 675 so can we go long in it.?

Kinnari Ji, I have done some analysis about ACC. And i found that we can go long in it if it breaks 1185 level. Kindly provide your review.
Pandyah
Absolutely agree, there must be a way to understand.

If there is any doubt, please give proper guidance. ---->
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