Escort flag pattern breakout
breakout happening with huge volume
target can be 2300+ can retest to 2080
keep in mind sl mentioned in chart
do ur research before trading
Long- above 1567 , 1567 is a strong resistance , if it reverse from this level then it may reach to 1546,
crossing above 1580 may push it to the level of 1613 which above our target.
Short - below 1547, which is a strong support, if it takes support above it the it may reach to the level of
1580, below 1547 all targets are quite achievable.
may be making 3rd wave good opportunity to buy this stock after the fall that shown in chart....
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then buy at support lvl as shown in chart
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good luck----
THANKS..........
Note: This is for educational purpose only.
There seems to be a bullish flag pattern breakout in Escorts. Moreover, RSI above 60 indicates bullish momentum.
Escort after long uptrend as mark on chart is
now consolidating/distribution phase.
keep in your close watch upside level Upto1220
down side level upto 1050 & 950
FEEDBACK ON COMMENT SECTION WELCOME
Escorts show flag pattern at 1 hour TF...
My view Sell...
Possibilities Gap up and down... happen...
White line below sell target yellow trend line...
Buy when price reach yellow trend line...
MOMENTUM TRADE IN ESCORTS
TRADE IN FUTURES 28TH NOV CONTRACT
BUY@665
STOP@659
TARGET@675
LOT:1100
QTY:2
!!PLEASE NOTE TRADE WITH CAUTION AND AT YOUR OWN RISK PROFILE!!
!!PLEASE DON'T OVER TRADE!!
!!LIVE TO FIGHT ANOTHER DAY!!
!!HAPPY TRADING!!
