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prajfinancials
Jul 25, 2018 9:28 AM

Escorts Long

ESCORTS KUBOTA LTDNSE

Description

Escorts has been moving in a rising channel for last one year. Recently it touched the support line of the channel around 830 & bounced off. The stock now looks to be heading towards channel resistance. Close above recent significant high of 921 can give additional booster to the view. So we recommend going long in the stock for the target of 1090 with a stop below 825.
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