Escort giving inverse H&S breakout good volume built up educational idea only
expecting 2100 intra based on ichimoku theory trade @ own risk
Escorts, a leading company in the auto sector, has shown a significant price movement as per the wave theory. The price movement from June 2022 to December 2022 indicates the completion of an impulsive wave of 12345. It is a well-established principle in Elliott wave theory that after the completion of a five-wave sequence, the index or stock tends to experience...
Escorts after recent down trend is looking good for Long Term Investment on Weekly Charts. Superb Weekly Channel Following by it since many years.
# Escort Daily Chart 1. TL BO & retesting 2. Price drops after TL BO but doesn't goes below Swing low. 3. Trend will change above Swing High 4. 50 EMA BO 5. Price Closed above PDH 1977.95 6. Volume is rising *Educational purpose only
stock forming higher high & lower high with previous high as support. rising channel channel formation
* Momentum to the downside with alll the loving average on top of each other * Momentum is trending lower with a squeeze taking it below 1900 very likely * IV is quite low (25%) for this stock and hence the put sellers could panic is the stock goes below 1900 selling aggresively * Stop at 2050 and a target of 1800 (if and when 1900 is cleared)
After nearly 6 months of stalking, escorts has presented an opportunity. on 12 April I entered the stock prematurely, incurring a 2% loss. But now, 100 points lower @ 1113, the stock has posted a positive divergence between momentum and price action. With a slightly bigger stoploss of 4% (1170) the stock looks ripe for T1 of 15% and T2 of 30%. Time frame- 2 to 3 months.
SL Above orange trendline- Weekly candle close
Looks like Escorts kubota is again getting ready to fly, most of the details are on the chart ...keep this setup in radar.
A long can be intitiated in Escorts as all the auto sectors are booming up. Escorts is under the phase of consolidation and can take reversal very shortly. On Technical charts, it seems Symmetrical triangle and can achieve the target very easily
This is a fundamentally very good stock the stock is in good momentum and this is the right time to enter in the stock as stock is in its dip when buying on dip works? when the particular stock is making higher highs and higher lows with rising buying volume bullish flag pattern is created in the chart - which is a continuation pattern
ESCORTS KUBOTA LTD #WondersOfPC Technicals: • Today's candle showing strong support for the Parallel Channel • Taller green towers indicating strong built up for bullish view • RSI entered in 60 Zone • Relative strength green Fundamental News: 21-Nov-22 Escorts reveals mid term Business Plan ICICI Securities on Escorts: -FY28 Guidance to increase export...
ESCORTS:- The stock has been moving in a narrow range for the last 2 months on the daily chart giving the stock breakout. Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other...
Escorts Kubota in a really tight range, Either accumulation or distribution going on ! Mostly, Distribution going on, wait for a really trending move. Keep it under your radar is my request
Range Breakout or Breakdown, Help Yourself with any volume indicator which will help you navigate thru the breaks !
Escorts is moving up swiftly by making HH_HL structure on charts, expecting it to move up in the coming weeks. Entry-2000 Stop-1905 Target-2335(16%) This will be my positional trade.