Stock is taking support at Demand Zone. We can take a long position near the 1095/1075 price zone.RSI is also in the oversold zone. Stock is likely to take reversal from the demand zone.
I wish you all very happy Diwali, on this Muhrat claim your shagun from the markets.
As you all know its a symeterical triangle pattern, the levels are given in the charts.
go to my profile .. you will find a search box there to find the post that i have shared
search ESCORTS ..... M tracking this stock when rakesh jhunjhunwaala bought stake
RAKESH JHUNJHUN WAALA bought apprx 6% stake this stock b/w 900-1000 range.
now it is travelling @1134
strong support - 1134
next support - 1100 , 1086
STRATEGY :- buy few shares...
Note:
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...
Sell below 1260 sl 1320 target 1170-1150.
Price has found resistance at 20 Dema . Candle is having upwick. 20 is below 65 DeMa. RS and RSI are showing weakness in counter.
Disc : it's not an investment advice to buy or sell
Checkout the escorts movement in parallel channel.
Currently moving at bottom of the channel.
Fav risk and reward ratio.
All levels are mentioned on the chart.
DISC: For educational purpose only.
💚short term buy💚
enter @ 1820-1840 range
sl 1740🙏
trgt 1930-2000-2100🎯🎯
long 2300++✔
reasons for this entry 🧾
🍁technically postive chart.
🍁good rejection from the support zone.
🍁agriculture sector.
🍁major competitior is escorts
do your analysis then enter
💙💙💙💙💙💙💙💙💙
comment💚-like💚-support💚
Escort is trading in ascending channel. Lets wait for channel breakout with good volume on either side to go long/short.
* This analysis is for education purpose only.
Escorts have given a tremendous result and monthly sales on YOY has also grown up.
This stock has recently formed a doubt bottom pattern on its support zone of 1180-1200 levels. The stock has given a breakout on the hourly timeframe and have gone past 1400 but could not close because of the resistance at 1420 levels.
All levels are mentioned on chart along with...
