ESCORTS is trading at life time high. It has formed ascending triangle for past one week and looking strong post 1065. It should sustain above this level for a while to ensure it is not fakeout and probability will increase multi-fold if we see pullback and continuation.
Price action trading is a process of using price to analyze stock possible movement. Keep your charts as simple as possible so that you keep focus on most important element on chart "PRICE". If you receive any benefit from idea, appreciate by your likes/comment. If you earn from my ideas, kindly consider donating small part of your profits to those in need. Reach out if you wish to learn simplest form of price action and willing to put effort in practice.
Cheers! Piyush Gupta
Trade closed: target reached
⋅
Worked as expected and made high of 1180 from buy level