hi, explained in the charts
Head 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)
I 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...
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;...
Escorts 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 Upside, take care of your stops & Enter only on valid confirmation.
Auto 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...
Escorts 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...
for educational purpose only - The pattern is a wadge at top. sell below 517 sl will be 527 tgt 490
for educational purpose only - escorts is a ripe fruit for short sellers. short below 516 with sl of 522 for tgt of 505.
for educational purpose - escorts is showing some tiredness. sell below 487 sl 505 tgt 450