Symmetrical Triangle Pattern in ESCORTS Strong above 1226.15 Weak below 1192.40
NSE: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...
Buy above 1220 for targets fo 1400. Stoploss? Keep accumulating till 1120.
Escorts breaking out of TL. looks good for swing entry @ 1235 or above.
ESCORTS Buy - Above 1235 SL - 1180 Target - 1280 1350 Note:- I am not SEBI registered . All Views and trade setups are my personal view and my personal trade setup. Do follow us. Like Us Share with fellow traders Also check the below related ideas for other stocks.
Escorts CMP - 1204 Stop - 1100 on DCB Expectation - T1 - 1380 T2 - Review at 1380 Expected Holding Period - 40 trading days or earlier for T1 View:- Swing Disclaimer:- Ideas being shared only for educational purpose Please do your own research or consult your financial advisor before investing
Trendline broken If breakout sustains, initiate long RSI at levels of 60 Hold for Targets - 1284, 1381, 1475, 1584
ESCORT breakout and showed a consolidation moves before going up. it may consolidate further or take support from previous resistance level and move up. watch the move.
Entry CMP: 1210-1240. Target 1: 1316, T2: 1385, T3: 1469. STOPLOSS: 1166. Volumes looking Good, Opening and Closing in intraday chart looks solid, amazing entry and upside expected.
Daily Price Action - Triangle Breakout from Bottom RSI > 60 Bullish MACD - Buy Signal Bolinger Upper Band - Broken which indicate momentum ADX needs to increase to pick more momentum Weekly:- MACD needs to turn Buy signal Futures data:- Long Buildup on breakout
Escorts broke the Triangle and stuck in a small range of 100 points. Short terms traders and scalpers can use this small range as support and resistance levels with strict SL. Positional players can buy near the strong support zone and wait for the Range breakout above 1120. Or enter above 1120 for 60 points minimum target. As Indian market is bullish, its better...
Clear breakout given by Escorts out of resistance zone of 1190 and 1200 levels. Can go long with SL @ 1130 closing basis.
Escorts Daily chart has a Range BO but long view on closing above the immediate Trendline.