ESCORTS
Breakout in Escorts...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Escorts Bullish viewEscorts looks too strong on charts. H&S (Non ideal) pattern plus taking support on major EMAs. Can be added at CMP till 1550. Trade is risky. I'm not going to add any new positions as I'm holding this stock at low levels.
Note: This is strictly for education purposes. I'm still learning the concepts of stock market. I'm not responsible for your profit or loss. Do your own analysis before taking any positions
Escortsone of best setup nearly 1 year consolidation breakout in progress it is consolidated very good at 1100 to 1600 levels means breakout above 1600 can hits 2100 in medium term as per technical chart but presently good flag formation above 1600 closing lead to 1700 n 1800 in nxt 30 trading session. also its less liquid counter goes in fno ban frequently so we will watch how it will respect TA.
Auto Sector - Ready for an upside ?Forming a flag patter, breakout might happen on upper side, look out for auto index cross 10900.
Stocks to watch out for if we see a bull run in auto stocks :
1) M&M
2) Escorts
3) Bosch
4) Ashok Leyland
I am particularly bullish on M&M.
Disclaimer : Bought M&M at 794