Falling Wedge Pattern breakout in Escorts.

Apr 3

Falling Wedge Pattern breakout in daily time frame, looks good to enter long positions, risky traders can enter above break out candle (3020 levels) there is some resistance above break out candle conservative traders may enter above 3080 levels with stoploss of swing low (at around 2640 levels) for the targets of 3300 and above levels.

-- Above analysis is for educational purpose only, do your own analysis before entering the trade and do not invest more than 10% of your capital in a single stock.

Apr 25

Note

Please note -- Target levels should be above 3600 levels

May 15

Note

Target of 3600 achieved.

Jun 29

Trade closed: target reached

around 45% move captured.