# Escort Daily Chart
1. TL BO & retesting
2. Price drops after TL BO but doesn't goes below Swing low.
3. Trend will change above Swing High
4. 50 EMA BO
5. Price Closed above PDH 1977.95
6. Volume is rising
*Educational purpose only
Sell below 1925 TGT 1915-1910-1905 with SL 1932. Wait for the price to BD the support area. Only after the BD sell entry is to be taken. This is for your educational purpose only.
Escorts Kubota Limited, formerly Escorts Limited, is an India-based engineering company. The Company offers solutions for agriculture, infrastructure and railways. The stock is in retracement stage on daily and weekly time frame forming a PENNANT PATTERN. The Pattern has been broken out a shown in the chart. The Fundamentals of Company are strong with a Market Cap...
Escorts Kubota in a really tight range, Either accumulation or distribution going on !
Mostly, Distribution going on, wait for a really trending move.
Keep it under your radar is my request
Sell Escort below 1990 TGT 1985-1979 SL 1996. Stock is expecting to BD the Support line. Entry on 15 min candle after the complete closing of the candle. This is for your educational purpose only.
1. Buy above BO 1195
2. TARGET 1270/1380/1460
3. SL 1080
Analysis:
1. Breakout happened on descending channel
2. Trend reversal started at harmonic PRZ and support level. Now It is in accumulation phase.
3. Next would be uptrend if it breaks the accumulation zone.
Disclaimer: This is educational purpose only.
Please share your thoughts in the comments...
Long Escort Above 1715. Target 1718-1722-1725 SL 1709. Stock taking the trend line supoort . Expected clean BO from the resistance zone. having low volume thats why selected for intraday.
NSE:ASHOKLEY
#NSE:ASHOKLEY formed symmetrical triangle BO and trading @ TL Support.
Sustainability may give good upside momentum.
Short to medium term.
Happy LEarning !!
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.
Escorts on weekly time frame is forming a bearish flag and pole pattern.
Its trading in a parallel channel and has closed near its 200 DMA.
The stock can be a nice trade in this series.
Support :- 1572, 1543
Resistance :- 1651, 1700
Wait for the price action to form near the resistance and trade the parallel channel breakout.
NSE:M_M
#NSE:M_M formed Bullish rectangle, Safe players may check post breakout zone,
and experienced/risky players may check support zones for entry points.
All the levels marked for practice only.
Complete April month performance shared for our friends, check out my signature for details.
Happy LEarning !!
NSE:TVSMOTOR
#NSE:TVSMOTOR bagged good profits with the level shared here....
attached the chart shared.
Check my signature column under this chart for our whole learnings today !!!
Happy LEarning !!
ESCORTS has completed the corrective structure. If it gives an upward breakout, our targets will be 1576-1630-1706-1748.
Price can make a new low if It breaks the 1422 level.
