Escortanalysis
Escorts good long candidateEscorts spot cmp 1225
Time Frame :- Daily
Study :- Elliot wave
good formation seen in this counter,, on verge to give breakout,, confirmation of price action move is pending,, once breakout confirm,, counter would move on to complete its impulse phase,,
Good bullish candidate
ESCORTS - Triangle Breakout ( June Series)Escorts broke the Triangle and stuck in a small range of 100 points.
Short terms traders and scalpers can use this small range as support and resistance levels with strict SL.
Positional players can buy near the strong support zone and wait for the Range breakout above 1120. Or enter above 1120 for 60 points minimum target.
As Indian market is bullish, its better to Buy, as long as the price stays above the strong support zone.
Execute short below 1080 for a free fall of 100 points minimum.
Please share your valuable feedback.
Disclaimer: Kindly do your own analysis or consult your advisor before taking any trade. This view is for educational purposes only.
#Escorts Swing Trade || My Target 3% in Dec 2020 #TradingviewindThe views expressed here are for our record purposes only. Please consult your personal financial advisor before investing. We are in no way responsible for your profits/losses what so ever.
Reasons to Trade:
a) In Rangebound
b) Taking support at 20ema
c) expecting box breakout
ESCORTS LOOK OUT FOR THESE LEVELS!!! - UPDATEDALL THE LEVELS ARE MARKED ON CHART;
STOCK MIGHT FACE RESISTANCE NEAR 1220 PRICE FROM DAILY 20 EMA AND FIB LEVEL. SELL NEAR IT IF REVERSAL CANDLES ARE FORMED NEARBY IF FORMED NEARBY THE RED ZONE
BUY NEAR 1165-1175 LEVEL
The indicator used:
1) Daily Lines plots Daily 20 EMA on lower time frame charts
If you like the analysis, do leave a like and follow for more such content coming up.
The analysis is my POV, hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!
ESCORTS LOOK OUT FOR THESE LEVELS!!! ALL THE LEVELS ARE MARKED ON CHART;
SELL NEAR THE RED ZONE IF REVERSAL CANDLES ARE FORMED ON THE ZONE/ NEAR BY THE ZONE
The indicator used:
1) Daily Lines plots Daily 20 EMA on lower time frame charts
If you like the analysis, do leave a like and follow for more such content coming up.
The analysis is my POV, hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!
Escorts short (Weekly)I hope you can now see how Escorts represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Thank You
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.