ESCORTS LTDStock Name : #ESCORTS LTD
LTP : 3750
Price is moving in a Higher highs and higher lows pattern
Showing a bullish uptrend 15 Minutes Time frame..
15 Minutes breakout done after that Bearish Marubozu candle indicating Retest
We Can add it above: 3800 Range
Targets Will be 4000
Stoploss 3755
Escortsanalysis
Falling Wedge Pattern breakout in Escorts.Falling Wedge Pattern breakout in daily time frame, looks good to enter long positions, risky traders can enter above break out candle (3020 levels) there is some resistance above break out candle conservative traders may enter above 3080 levels with stoploss of swing low (at around 2640 levels) for the targets of 3300 and above levels.
-- Above analysis is for educational purpose only, do your own analysis before entering the trade and do not invest more than 10% of your capital in a single stock.
#ESCORTS : wait and grab opportunityEscorts, a leading company in the auto sector, has shown a significant price movement as per the wave theory.
The price movement from June 2022 to December 2022 indicates the completion of an impulsive wave of 12345. It is a well-established principle in Elliott wave theory that after the completion of a five-wave sequence, the index or stock tends to experience a correction phase.
It is noteworthy that Escorts is currently in the final phase of its correction, with Wave C in progress after the completion of Waves A and B. It is anticipated that the support level for Wave C will likely be at the level of wave = wave c.
After the confirmation of a reversal, traders may consider taking trades according to their risk preferences. However, it is essential to note that trading always involves risks, and one should conduct thorough research and analysis before making any investment decisions.
ESCORTS - Ichimoku Bullish BreakoutStock Name - Escorts Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 2089
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
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ESCORTS - Ichimoku Bullish Breakout Stock Name - ESCORTS Ltd.
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 1849
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
Escort -Intraday for 11.07.2022 (Monday)Long- above 1567 , 1567 is a strong resistance , if it reverse from this level then it may reach to 1546,
crossing above 1580 may push it to the level of 1613 which above our target.
Short - below 1547, which is a strong support, if it takes support above it the it may reach to the level of
1580, below 1547 all targets are quite achievable.
Escorts trade analysis for this week 30/05/22.Escorts on weekly time frame is forming a bearish flag and pole pattern.
Its trading in a parallel channel and has closed near its 200 DMA.
The stock can be a nice trade in this series.
Support :- 1572, 1543
Resistance :- 1651, 1700
Wait for the price action to form near the resistance and trade the parallel channel breakout.
Escorts Break Down !! #AutoStock📈 Escorts Ltd. 📉
This Stock broke Down from a Down Trending Chanel after testing three times. It was in consolidation inside Channel since last four months and today that ended on Short side So I am biased on sell side as todays candle closed is strong red.
On Sell Side I am looking for Targets of 1595 and 1434.
StopLoss should be kept at 1860.
It offers 1 : 1.5 Risk Reward.
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
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.
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
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