Escorts - Will it be able to break all time parallel channel?Escorts has started in parallel channel since beginning however it has still not given reversal from upper edge of the channel. So probability is high it may be able to break upper edge of the channel.
It has given highest ever monthly closing and getting tail wind from the auto Index as well
ESCORTS
YR 2022 Idea #114: Long on ESCORTSThis is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.
ESCORTS - Ichimoku Bullish Breakout Stock Name - ESCORTS Ltd.
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 1849
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
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SWING TRADE : ESCORTS1. Buy above BO 1195
2. TARGET 1270/1380/1460
3. SL 1080
Analysis:
1. Breakout happened on descending channel
2. Trend reversal started at harmonic PRZ and support level. Now It is in accumulation phase.
3. Next would be uptrend if it breaks the accumulation zone.
Disclaimer: This is educational purpose only.
Please share your thoughts in the comments section below.
Escort -Intraday for 11.07.2022 (Monday)Long- above 1567 , 1567 is a strong resistance , if it reverse from this level then it may reach to 1546,
crossing above 1580 may push it to the level of 1613 which above our target.
Short - below 1547, which is a strong support, if it takes support above it the it may reach to the level of
1580, below 1547 all targets are quite achievable.
Escorts trade analysis for this week 30/05/22.Escorts on weekly time frame is forming a bearish flag and pole pattern.
Its trading in a parallel channel and has closed near its 200 DMA.
The stock can be a nice trade in this series.
Support :- 1572, 1543
Resistance :- 1651, 1700
Wait for the price action to form near the resistance and trade the parallel channel breakout.
ESCORTS : Expecting consolidation ESCORTS : 400/- Fall in past 4-5 trading sessions.
Currently below 50/100/200 SMA's, below all AVWAPs -- Daily RSI < Weekly RSI < Monthly RSI
Also breaking support levels.
Expected to consolidate for a while - before taking any direction.
Don't jump in - need to cross 1660 for moving upside.
Escorts Break Down !! #AutoStock📈 Escorts Ltd. 📉
This Stock broke Down from a Down Trending Chanel after testing three times. It was in consolidation inside Channel since last four months and today that ended on Short side So I am biased on sell side as todays candle closed is strong red.
On Sell Side I am looking for Targets of 1595 and 1434.
StopLoss should be kept at 1860.
It offers 1 : 1.5 Risk Reward.
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
ESCORT SHORTShort escort between 1850-1870 with SL Above 1900
Target 1 =1750
Target 2 = 1650
Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
Escort long entryEscort stock in the consolidation range since the last few days of trading. This is a Positive sign of strength in the stock. This type of stock can be bought half quantity at pre BO level too. Long above the marked TL above 1865 with SL of 1810 for the target of 1950-2010. soon the stock is going to blast. This is for your educational purpose only.