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Blue_Steel

Escorts can give a good upmove

Long
ESCORTS KUBOTA LTD (NSE:ESCORTS)  
Blue_Steel  
NSE:ESCORTS   ESCORTS KUBOTA LTD
Chart Patterns Chart patterns
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chartpattern chartpatterns
Escorts broke two hourly trenlines shown by green. We can also see it giving a breakout after forming ascending triangle.
It can give a good upmove.The resistance of 700 is near.Chances are it will breach that resistance can will continue its move upward.
Rectangle - Target1
SkyBlueLine - target 2
BlueLIne - resistance at 700
Yellow Line - Hourly Support
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