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ESCORTS

History repeats itself or does it?Escorts has been a good stock for investing and the chart patterns are indicating a short drop July - October followed by a bull run for a year from November-November. Given the good monsoon till now (though by latest news it has halted before it reached the northern states) the price is likely to rally. It is a good time to slowly accumulate the stock. A dip until 1000 can be expected which would be good for bulk entry and would confirm the pattern. The share is trading at a price less than its intrinsic value so its a good buy. Look at the past two bull run and we can reach our target either of the two ways. Target 1900+ Risk-o-meter Mild Stoploss 2% from your entry or average price Message me or comment to get faster updates.
NSE:ESCORTSLong
by daerontrading
4
ESCORTS VIEW AND LEVELSNSE:ESCORTS Downtrendline break in daily chart. When it hit the down trendline there was series of red candles in 1hr chart but the volume was diminishing on successive candles. 11th june candle opens with gap up and closed by breaking downtrendline(shows good buying momentum). on 1hr chart it is retest after the trendline breakout and on 15min chart it has formed HH Hl after taking support after trendline support. I am watching this stock for coming days. Entry 5min close above 1225 SL 1208(positional) 1214(intraday tomorrow) Safe players can enter above 1234 where I expect huge momentum to the upside is possible.
NSE:ESCORTS
by vyas1394