ESCORTSNSE:ESCORTS
ESCORTS has given a Round bottom breakout
Target 1750
Stop Loss 1300
Disclaimer : This is not an Investment Idea, Its just my opinion
ESCORTS
ESCORTS gave breakout today. What a moveNSE:ESCORTS is showing great momentum and it has broken it's life time high with good volumes. Great move overall.
ESCORTS Share Trend Analysis by THE DECISIVEESCORTS having 16000 CR market cap & engaged in Manufacturing of Tractors, tractors engines, earth moving equipment & all types of brake used by railways.
On Daily Time frame it is making a good pattern of higher low & taking reversal from support towards 200 EMA.
Expecting a good move from here onwards….
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This was just for educational purpose only & not recommending to BUY/SELL of any Script.
ESCORTS is respecting 1390 levelsNSE:ESCORTS is respecting 1390 levels. It looks good and can show 1440 levels this time.
ESCORTS is still looking goodNSE:ESCORTS has given closing above 1380 and that seems good sign. 1400 levels could be profit booking zone.
Escorts: Long Retested 9 and 21 EMA, followed by bullish candleHello Traders,
Escorts seems to be forming a good bullish up move.
It can be traded as follows:-
CMP: 1382.
Entry price: 1375-1395, wherever we can find the entry.
Target price: 1495
SL: 1308
Please note that the SL is a daily SL.
Escorts has displayed a decent sized green candle supported by volume candles. Before that it also retested 9 and 21 EMAs. It has closed today above its weekly and daily resistances. Thus expecting a good upward move.
Happy Trading!
Escorts - Good stock a short term swing trade🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
ESCORTSLong opportunity in escorts; price has begun to hold the 20 dma and broken the 200 dma. Enter on the retrace to the 20 dma.
ESCORTS is getting resistance at 1380 levelsNSE:ESCORTS is getting resistance at 1380 levels. It might touch 1400 in a momentum run but to break this a good strong candle would be required.
Escorts good long candidateEscorts spot cmp 1225
Time Frame :- Daily
Study :- Elliot wave
good formation seen in this counter,, on verge to give breakout,, confirmation of price action move is pending,, once breakout confirm,, counter would move on to complete its impulse phase,,
Good bullish candidate
Escorts break outBased on the below analysis seems to be upmove
Camarila R4 breakout
Channel breakout
Moving average above 20 50 100
Volume up
ESCORTS can show 1360 levels soonNSE:ESCORTS had been showing good momentum for the last few days. It can show 1360 levels soon. It has shown a great rally in just a month of time.
Range Breakout - EscortsBuy Escorts
Cmp - 1263.75
Add More - 1225-1235
SL - 1185 (Day Closing Basis)
Target - 1375/1400
ESCORTS has been showing great move today with volumesNSE:ESCORTS is showing great move today. The momentum can continue for sometime.
ESCORTS has still strengthNSE:ESCORTS is showing some consolidation today. If it closes above 1265 then we can see 1300 levels soon. Golden crossover is also seen.
ESCORTS can consolidate for a day or twoNSE:ESCORTS showed some profit booking in the morning but buying started in the later half. It may consolidate for a day or two. Signs of weakness are not visible yet.
escorts deep crab longlong for target of 1302 maintain stop loss of 1233 and candle must not close below this
ESCORTS - No Stop loss Low Risk PickPure price action analysis. With the low risk setup that I see here , I don't think I would need a stop loss.
1,2,3 Pattern on display is the beginning of every great move and when it falls within a pattern of a triangle breakout and retest as well as an inverted Head and Shoulder pattern + a reversal at RSI bottom what else do I need.
Holding with Patience. Don't ask for time frame. Ride the setup and enjoy the journey (slow/fast) to its destination.
*****
I believe in keeping the chart simple for easy interpretation. Please support the effort and if you feel it deserving, do appreciate it with a Like.
Kindly express any disagreement & improvements so that we learn & earn together.
Open to discussing different view points.
Always keep a stop loss to rescue you out of troubles if not sure and trail the stop loss as the price rises.
Escorts Future Trade Set Up Lets have a look at the Escorts futures Daily chart and you can see the breakout given in Escorts, Now the futures traders can buy escorts anywhere between 1240 to 1274. Stop Loss for this trade can be kept at 1190 & expected levels on charts are 1383 & 1447, according to the price move stop loss can be trailed.
Only for Educational Purpose
