ESCORTS 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….
Follow THE DECISIVE because WE HELP YOU TO DECIDE!
We...
Hello 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...
🔴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...
Escorts 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
NSE: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.
