ESCORTS for NSE:ESCORTS by aparn.siddz

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Trend Analysis

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trendanalysis

Escorts at a Critical Support Zone .
Will it breakdown and move towards next Support Zone .
Keep an eye.

Trade active: high 738 and now back near support Zone again:)

Trade closed: target reached: break of support and boom boom reached next support :)

break of support and boom boom reached next support :)

high 738 and now back near support Zone again:)

I have entirely different view on Escort . I will suggest buy in the range of 675-80 with a target of 705-20. Holding period is 1-4 days.

viveree123

@viveree123, @aparn.siddz,

Yes both ideas are valid, and yes thats the Critical zone thats being mentioned i suppose, 680 to 675. a few thing happening at that level..

--Its a 681 FIB if the leg up.
-- the long term support line
--the trendline for the Rising Wedhe
--Possible B point of a too_early_too_guess Gartley Pattern.

SO basically its a Breakout/reversal zone . with chances of a false breakout/reversal before it takes it real direction.