Note: This is for educational purpose only. Escorts seems to have broken the resistance. Resistance turned into support. "Bullish engulfing" candlestick pattern formed after 1st pullback to resistance turned support line. This is an indicator of start of a fresh trend. If the price of next candle closes above high of current candle. This will be a confirmation...
INTRADAY TRADE IN ESCORTS FUTURES SHORT@967 STOP@975 TARGET-1@957 TARGET-2@952 !!please note trade with caution!! !!manage your risk!! !!trade-wise!!
TREND ANALYSIS & TRADE SETUP Wave Analysis & Chart Pattern . HARMONIC CYPHER PATTERN DIS-INVESTMENT CHART Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. Wait for entry setup, if available then Long/short. Reward is 15-20 times.
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...
MENTIONED ON CHART
Key Levels for ESCORTS : UPPER BREAKOUT~753.60 FIRST TARGET~762.35 INTERIM RESISTANCE~776.95 FINAL RESISTANCE~790.45 ********************************* LOWER BREAKOUT~737.80 FIRST TARGET~726.60 INTERIM SUPPORT~714.50 FINAL SUPPORT~701.60 Please trade with caution and consult your financial adviser before trading.
Will go long tomorrow, Book profit. If crosses 698-700 level can go up to 708-709.
FOLLOW TRADE AT YOUR OWN RISK
keep eye on this stock now in chance to good upward situation
Study Purpose Only !
"ESCORTS ON THE WATCH" BULLISH TREND AHEAD VIEW:- :-STOCK IS STOCK IN THE RANGE OF 640-676 :-BULLISH SIGNAL IS THE GOLDEN CROSSOVER :-GOLDEN CROSSOVER HAPPENS WHEN THE 50-DMA CROSSES OVER THE 200-DMA FROM BELOW/OPPOSITE IS CALLED DEATH CROSS :-POWERFUL SIGNAL TRADE VIEW DEC FUT BUY @650-655 STOP@639 TARGET 1@676 TARGET 2@690-95 QTY:1100
if escorts breaks the 677-680 mark then it will move up to 800 if it's move below 650-645 then it will touch the level of 620
NSE:ESCORTS Small risk trader can start adding RSI is showing up momentum Small Trader can wait for breakout SL 445 T 510 545 585 630
Escorts facing resistance @ 613 Check out escorts last analysis link down there