TradingSutra

ESCORTS: Channel Breakout

Long
NSE:ESCORTS   ESCORTS KUBOTA LTD
Prices have given a breakout of the channel. This suggests that prices are likely to recover towards INR 3290-3300 in the coming weeks. Any weakness is likely to hold above the support of 2800.

Manish Bhardwaj (CMT L-1)
Analyst & Co-Founder
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