ESCORTS
ESCORTS Fan BreakoutESCORTS has been moving in a Gann Fan pretty decently.
CUrrently testing the blue sup/resistance level
It also broke out of the inverted head and shoulders(neckline not shown)
All of that for an upmove to retest the lifetime highs.
ESCORTS Rising WedgeEscorts is moving in a rising wedge.
Currenly on the top of median line , forming a small channel zone.
ESCORTS BreakoutESCORTS is respecting a Neckline for a while.
The price action narrowing down in a symmetric triangle like structure.
Breakout in either direction is possible.
ESCORTS - Travel and Play Head and ShouldersHead and Shoulders pattern formed on NSE:ESCORTS day chart. Short after the brake-down as shown in the chart, target 506, sl 685.
(Note: Stock market investments are subject to market risks. Do Your own study before making any positions)
ESCORTS - Completion of Cypher PatternI am not afraid of losing a trade; but I'm afraid of doing a trade without money management. Most probably, most of the time, haphazard money management is what gets us screwed. And, trust me, I have learnt this very hard way. So, here's a perfect 1:2 - Risk:Reward trade on your radar.
CYPHER PATTERN DESCRIPTION:
Basics - XA must be an impulse leg.
1. Point B must be in between .382 - .618 retracement of XA leg.
2. Point C must be in between 1.272 - 1.414 retracement of AB leg.
3. When Point D retraces .782 of XA leg, then completion of CYPHER PATTERN.
First Target: .382 retracement of CD leg.
Second Target: .618 retracement of CD leg.
Escorts - Large Green Candles on the way!Analysis of the Supply Zone & Demand Zone. Supply & Demand tells us where to enter and exit the trend.
The area marked as " MOST PROBABLE DEMAND ZONE" is fresh and not used before as a demand zone .
The scrip has already formed double bottom & there is possibility of upward Triangle Breakout.
Trade in the direction of trend.
ADVANTAGES:
1. Buy at wholesale; sell at retail.
2. Low Risk Entry.
3. High Reward Potential.
ESCORTS triangleEscorts is approaching the Edge of triangle in confluence with yellow sup/res line.
Making higher lows last week, can expect a breakout.
or another leg down retesting the tringle , if it breaks the bottom yellow suport level.
Escorts : Trendline Break UpsideEscorts : Trendline Break Upside, take care of your stops & Enter only on valid confirmation.
CNXAUTO not looking goodAuto sector in India has been a stellar performer for last few years.
Its performance is catching up though. In general the Indian market looks ripe for a correction and in general the hardest bull is usually the hardest bear.
CNXAUTO has just broken though the trend channel. Individual stocks in the sector exhibit similar trait. I small bump up would be an ideal opportunity to go short on this sector in general.
Specifically, maruti, apollotyres, tvsmotor etc.
A lot of of quick money to be had here.
100% return in 3 months - Time for correction #EscortsEscorts is one of the best stocks out there in the NSE. People who held the stock patiently since 2011-2013 have been handsomely rewarded with the profits on paper that they would have made.
The company's share price has increased by over a 1000% in the last 4 years. 295% in the last 1 year and 100% in the last 3 months. These returns are astronomical by any stretch of measure.
Seeing the increase in share price of some of these stocks would make one go down the memory lane and feel that we might be living in 2006-2007 again. While I am not of the opinion that we are in a crazy buying scenario as we were in the lead up to GFC but one would find it hard to deny that some of the rapid increase in share price we have seen in Indian stocks in the past few months is nothing short of hysteria.
This stock reminds me of all of the above. Market Timing is not an exact science but rather a sport based on probabilities. I would be careful to go long on this stock at this price but feel that this might be a good opportunity to short this stock at this stage.
escorts - a lucrative patternfor educational purpose only - The pattern is a wadge at top. sell below 517 sl will be 527 tgt 490
escorts - a breakdown setupfor educational purpose only - escorts is a ripe fruit for short sellers. short below 516 with sl of 522 for tgt of 505.
