ESCORTS

positional short sell trade maruti looks weak for atleast next 5/7 trading days .

As per the Auto Index chart, it is consolidating in a downward diagonal channel, but there are companies in auto sector, (industrywise) which may outperform due to their strong fundamentals. In Automobile Sector - Leading Companies Industrywise 1. AshokLeyland (Commercial Vehicle) 2. Jamna Auto/Automotive Axles (Auto Ancillaries) 3. VSTTractors/ Escorts ...

ESCORTS SELL BELOW 571

ESCORTS SELL BELOW 555

Escorts facing resistance @ 613 Check out escorts last analysis link down there

Sell for target 570/555/540. Sl 621. Regards, Sharma yogesh

Holding above 584 can touch 616/631 levels. Probability of hitting sl in this volatile session is quite high. Cautious. Regards, Sharma Yogesh

ESCORTS BUY ABOVE 565

on completion of bullish bat with given numbers

INTRA : Down STRICTLY below 730 with sl 739 for 724-719-706

Buy at 574. Target 674/735/778. Sl.539.

Trade (1) : R intraday 781-786 and stoploss 790 ad target mentioned in the chart. Trade (2) : Safe trade, sell below 757 for targets 721-726 and below it.

Escorts Broke leaner support, broke bearish flag 745 possible

Last month , Escorts made a head and shoulders pattern and broke below the neckline and tested the support level , had shared idea for short that time. Now it has made an inverted H & S and broke the neckline today and might pullback to neckline next week , can go long after pullback or at CMP as long as it stays above 760. Targets would be 800 and 820 respectively .

escorts weekly chart , broken double doji low expecting more down side , can sell cmp 768, for the trgt of 735 to 720 stop loss is doji high

ESCORTS formed a head and shoulders pattern on the hourly is about to retest the neckline . Targets of 750-748 till doesnt go over 809.

Bulish Bat Escorts Prz - 735.50 - 740 Sl - 731.50 Target 1 - 759 Target 2 - 772

I'm not an elliott wave expert But by the look of it , it appears like an Irregular correction to me Experts can comment on it !