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 Broke leaner support, broke bearish flag 745 possible
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
Escorts can touch 822/830 and above if it holds channel.
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 !
ESCORTS (Escorts Limited) BUY ABOVE 812.5
im not an elliottician , Just trying my luck - not for trading purpose
INTRA : UPMOVE STRICTLY above 677 with sl 669 for 686-693
ESCORTS (Escorts Limited) BUY ABOVE 678
Escorts might have stalled the downtrend for a while and is likely to move towards 690-700 in the short term. One can buy on a dip with a SL of 598.
HIGHLIGHTS: 1. If 630 breaks, expect a move to 610-615. 2. If it manages to push above 650, expecting it to reach 680(0.5 Fib level) and above. 3. EMA(26)- 674 4. EMA(50)- 683 Trade as per the marked swing points, trend line and Fibonacci level. Try to lookout for confluence of these parameters, don't trade solely using any one of these parameters. P.S : ...
Buy Escorts on a dip with a SL of 599 and potential targets of 628 and 648. Adjust trading volumes as per entry price. Disclaimer : All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully...