KingJB76

ESCORTS : Awaiting Breakout

Long
NSE:ESCORTS   ESCORTS
::ESCORTS::
On the verge of a breakout on Daily Chart .
Closing above 660 will make it see 690 levels soon.
However, closing below 650 may take it to 635-30 levels.
On watchlist for now to see which side it moves in coming days.
Trade active: Did not break out, testing pink resistance line continuously in 45m TFR. Testing but not breaking and hence sliding down. Can open short if breaks below 643 levels in coming days.
Trade active: ESCORTS has broken out of both the symmetrical triangles (Pink and Black) and will possibly test 720 levels once more before moving upwards. If it closes below 720 levels then it would test the top line of the black symmetrical triangle which will now act as support.