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ESCORTS

ESCORTS - Symmetrical triangle -Breakout -DailyThis image shows a price chart for Escorts Kubota Ltd stock, Here's an analysis of the key elements: 1. Price Action: - The stock has been in an overall uptrend since April. - It formed a symmetrical triangle pattern from June to September, which it has now broken out of to the upside. - The current price is 4,079.25 INR, up 4.88% on the day. 2. Key Levels: - There's a significant resistance level around 4,400 INR, which was the previous high in June. - The breakout level from the triangle pattern (around 3,920 INR) may now act as support. 3. Volume: - There's a notable spike in trading volume coinciding with the recent price breakout, suggesting strong buying interest. 4. RSI (Relative Strength Index): - The RSI is currently at 67.60, indicating strong momentum but not yet in overbought territory. - There was a bullish divergence between the RSI and price from July to September, with the RSI making higher lows while price made lower lows. 5. Potential Targets: - The chart shows a potential price target of 4,870.90 INR, which represents a 21.02% move from the breakout point. 6. Overall Outlook: - The breakout from the symmetrical triangle, accompanied by increased volume and strong RSI, suggests a bullish outlook for the stock. - The next major resistance to watch would be the previous high around 4,400 INR.
NSE:ESCORTSLong
by VCharts_TA
3
ESCORTSNote: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions... Keep an eye ladies and gentlemen. Cheers and Happy Trading
NSE:ESCORTS
by SENSITRADE_T
Big Breakout Alert! Negative Momentum in GODREJPROP & ESCORTSGODREJPROP The stock's price has been following an upward trend within a parallel channel. Recently, the stock broke through the lower boundary of the channel with a powerful bearish candle. With pessimistic market sentiment, it is anticipated that the stock price will continue to correct, presenting a chance to take a short position. ESCORTS Following the emergence of the bullish Pole & Flag pattern, the stock experienced a significant upward surge backed by robust momentum. After reaching an all-time high close to the 4,400 level, the stock retraced and eventually formed a Double Top pattern signaling a potential bearish trend. A recent breach of the pattern's neckline to the downside suggests further downside potential for the stock.
NSE:GODREJPROPShort
by GoodluckCapital
Falling Wedge Pattern breakout in Escorts.Falling Wedge Pattern breakout in daily time frame, looks good to enter long positions, risky traders can enter above break out candle (3020 levels) there is some resistance above break out candle conservative traders may enter above 3080 levels with stoploss of swing low (at around 2640 levels) for the targets of 3300 and above levels. -- Above analysis is for educational purpose only, do your own analysis before entering the trade and do not invest more than 10% of your capital in a single stock.
NSE:ESCORTSLong
by VNagarjuna
Potential Breakout Alert: Escorts Kubota (KUBOTA) - Bullish Flagechnical Analysis: Escorts Kubota (KUBOTA) appears to be forming a promising bullish flag and pole pattern on the charts, suggesting a potential breakout opportunity. The stock has shown a strong upward move followed by a period of consolidation, forming a flag pattern. This consolidation phase typically represents a temporary pause before the continuation of the prior uptrend. Bullish Flag and Pole Pattern: Flagpole: The initial sharp upward move in KUBOTA's price action forms the pole of the pattern. Flag: Subsequent to the pole, there's a period of consolidation where the price oscillates within a narrow range, forming the flag portion of the pattern. Breakout Potential: A breakout from the upper boundary of the flag pattern could signal a continuation of the previous upward momentum, potentially leading to a significant price movement to the upside. This breakout point typically represents a bullish signal, attracting traders and investors looking to capitalize on the anticipated upward momentum. Key Levels to Watch: Resistance: Keep an eye on the resistance level near 2935 (example figure), which marks the upper boundary of the flag pattern. Support: The lower boundary of the flag pattern, along with any nearby support levels, should be monitored to gauge the stock's ability to maintain its bullish momentum. Potential Targets: Based on the bullish flag and pole pattern formation, a potential target for KUBOTA could be around 3500 (example figure). However, it's essential to exercise caution and closely monitor price action for confirmation of the breakout before considering entry positions. Conclusion: Escorts Kubota (KUBOTA) is currently exhibiting a bullish flag and pole pattern, indicating the potential for a breakout to the upside. Traders and investors may want to keep a close watch on key resistance and support levels for confirmation of the breakout before considering entry positions. As always, it's crucial to implement proper risk management strategies and conduct thorough research before making any trading decisions. Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Trading and investing carry inherent risks, and individuals should conduct their own research or consult with a financial advisor before making any investment decisions. Please ensure to customize the price levels and targets according to the current market situation and provide appropriate disclaimers before sharing or acting upon this information.
NSE:ESCORTSLong
by CyborgTradingHub
Escorts - Positional Long OpportunityFor the last 3 months, the stock has been trading in a range that is forming a downward parallel channel. This moment, just close to the upper side of the formation. If breaks the upper level and sustains, this could be a breakout of a parallel channel. Targets may be 3245/3440 or even more. The setup is with a good risk-reward ratio. The entry point should be chosen patiently ( if the price comes down intraday.) The setup fails if sustains below 2810 for 2 days, or the exit point should be per one's risk management. This illustration is only my view. It is not a trading recommendation in any form. It is for learning and sharing purposes only. All the best.
NSE:ESCORTSLong
by anandlive
A remarkable breakout in Escorts KubotaWelcome back! This time, we will analyze our third breakout stock, which is Escorts Kubota. Chart is Pretty self-Explanatory so we are going keep it short. Here are some pointers. >>Escorts has spent the past two years consolidating within a bullish parallel channel. >>Today, it experienced a notable breakout, suggesting potential for a substantial upward movement. >> In terms of fundamentals, the company is achieving its highest-ever sales and profits. >>Also the promoters have doubled their holdings, and both FII and DII participation is increasing. These factors point to a promising outlook for this stock. Entry & Targets- >>If this breakout candle sustains above the line quite well in the 1-day time frame, we can consider purchasing this stock. >>We will place our stop loss below the breakout candle at the 2500 level. >>Considering the promising growth, we can take a long position in this stock. Do consider pressing the boost button🚀🚀, It helps me bring more interesting analysis. And if you've any question and suggestion please feel free to post in comment section. Please note I am not SEBI registered. Do your own research before investing.
NSE:ESCORTSLong
by BullishLine
2