manishaherwar

ESCORTS BULLISH POSITIONAL TRADE

Long
NSE:ESCORTS   ESCORTS
ONE CAN GO LONG IF IT MANAGES TO CLOSE ABOVE 1210.
WITH SL 1160 TODAYS SWING LOW.
MONSOON-ORIENTED STOCK.
DELIVERY DATA POSITIVE.
A SIMILAR HARMONIC PATTERN FORMED LAST YEAR IN JUNE.
STK FUT HEAVY LONG BUILDUP.
MAX OI 1200CE, ONCE IT MANAGES TO SUSTAIN AT THIS LEVEL EXPECTING SHORT-COVERING RALLY.

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