Escorts Ltd

Stock getting accumulated very nicely at current level for last 1 month.
Buy around 1150 to 1165, keeping strict SL of 1100 on closing basis. Keep an close watch on second trend line how it behaves and based on that revise your target.
1st Target- 1245
2nd Target- 1280
3rd Target- 1350

If it closes below 1077 on any day, head and shoulder breakout activates and it can fall till 700-750.


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