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Divergensity

Continuation to the Downside

Short
ESCORTS KUBOTA LTD (NSE:ESCORTS)  
Divergensity  
NSE:ESCORTS   ESCORTS KUBOTA LTD
Chart Patterns Wave Analysis
2
0
chartpattern waveanalysis
Escorts seems to have completed a complex flat ABC after the initial impulsive down move. I would expect this to retest the lows @ 525 levels. The sell has a decent risk / reward ratio. This could be the next move down after the corrective up move which is probably now finished.

** This is not a trade advice**
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