Escorts Kubota in a really tight range, Either accumulation or distribution going on !
Mostly, Distribution going on, wait for a really trending move.
Keep it under your radar is my request
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.
one 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...
🔴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 appears to be a sensible purchase as a larger wave 1 & 2 has completed, indicating that there will be a substantial rally in the uptrend, leading to a goal of 2415.55 if it breaks all of the targets listed below.
The targets for a strong positional investment during the next 200 days are shown below.
1st Target - 1486.20
2nd Target - 2054.70
HELLO FRIENDS,
HERE IS HARMONIC TRADE SET UP FOR ESCORTS THERE IS A BUTTERFLY PATTERN IN ESCORTS DAILY CHART YOU CAN BUY ESCORTS ABOVE 1135 TO 1160 WITH SL OF 1084 FOR THE TARGET OF 1440 IN COMING DAYS ...
HAPPY TRADING.
I hope you can now see how Escorts represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Thank You
Disclaimer: It should not be...
Note: This is for educational purpose only.
There seems to be a bullish flag pattern breakout in Escorts. Moreover, RSI above 60 indicates bullish momentum.
![ESCORTS: [SHORT] ESCORTS - Below-1184.70 TG-1082.20](https://s3.tradingview.com/f/F4JiPiKz_mid.png "[SHORT] ESCORTS - Below-1184.70 TG-1082.20")
