Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Escorts looks too strong on charts. H&S (Non ideal) pattern plus taking support on major EMAs. Can be added at CMP till 1550. Trade is risky. I'm not going to add any new positions as I'm holding this stock at low levels.
Note: This is strictly for education purposes. I'm still learning the concepts of stock market. I'm not responsible for your profit or loss. Do...
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.
as we can see according to my previous idea, target first has been achieved today and now final target is 1903 but it has to move beyond 1830 first good luck
for now it is in consolidation
note: exit your positions and fresh long again above 1830 only
one of best setup nearly 1 year consolidation breakout in progress it is consolidated very good at 1100 to 1600 levels means breakout above 1600 can hits 2100 in medium term as per technical chart but presently good flag formation above 1600 closing lead to 1700 n 1800 in nxt 30 trading session. also its less liquid counter goes in fno ban frequently so we will...
Long Escort after the BO of TL above 1541 with SL 1525 for the Target price of 1570-1590. Stock in bullish mode & trying to BO with good volumes. RSI also making +ve divergences. This is for your educational purpose.
NSE:ESCORTS
breaks year breakout.
retrace & healthy consolidation . taking support at previous resistance with hammer candle .
SL- days low around 1410
#the_pravin #simPlepriceaction #notoindicator #nakedchart #swingtrading
Forming a flag patter, breakout might happen on upper side, look out for auto index cross 10900.
Stocks to watch out for if we see a bull run in auto stocks :
1) M&M
2) Escorts
3) Bosch
4) Ashok Leyland
I am particularly bullish on M&M.
Disclaimer : Bought M&M at 794
