ESCORTS
MyAlgo: xRWave-Blaster: Intraday call:15Jun-ESCORTS-LongBased on my "xRWave-Blaster" predictive trading methodologies, its going to be a GREEN candle on 15-Jun-2018 for ESCORTS
Buy Above(5Min candle close): 930.4 for targets -
T1: 937.4
T2: 941.6
T3: 945.9
SL: 923
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
My PredictiveEngine's Intraday call(11-Jun-18)-ESCORTS-LongBased on my PredictiveSystem's signals, its going to be a GREEN candle on 11-Jun-2018 for ESCORTS
Buy Above: 922.3 for targets -
T1: 929.2
T2: 933.4
T3: 937.7
SL: 914.9
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
Escorts falling to 645 level?A classic Double Top pattern has been formed on NSE:ESCORTS . A double top pattern is often formed on a previously bullish stock that is now currently showing a reversal to a bearish direction. This is a medium term positional call that is valid for 45-50 days. Interestingly, a stochastic bearish divergence (Triple) is also formed confirming an immediate fall in Escorts.Here are the levels:
(T1): 791
(T2): 738
(T3): 645
Stop loss: 841
Escorts Weekly ChartNSE:ESCORTS
As We can see Escorts had a Top around 750-770 levels where it formed a Bearish Engulfing Pattern(Marked Area).
Now at the same Area It made a Reversal Candlestick Pattern called Shooting Star(Marked Area) with Volumes above Average.
That Pattern is also called "Falling of the Roof(Steve Nison)" which touches targets in fast momentum.
Risk:Reward looks favorable.
So Entry Should be taken below Shooting Star Candle's Low with a close above it as Stoploss and Recent Low as Target.
See chart for better understanding.
Sell Below 720-718 Area With SL of 790 (Closing Basis) and Target of 610-630 Area