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
Escortslong
Medium term trading opportunity in Escorts for Very Good ReturnHi,
NSE:ESCORTS has given a Bullish Flag Breakout on Weekly charts with very good volume.
MACD is also on the bullish side on Weekly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames.
In the current market scenario, I am expecting that the bullish momentum will continue.
Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose.
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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.
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.
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.