Prices have given a breakout of the channel. This suggests that prices are likely to recover towards INR 3290-3300 in the coming weeks. Any weakness is likely to hold above the support of 2800.
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...
Trigger line above - 59.10, will reach 66.42, Cash price -34-56 Rs Trigger Line below - 54.60 will reach 45.74, Cash Price - 35-78 Rs.
if trigger line (Brown) goes above 60.81. may reach 67.35, cash price - 30-80 if trigger line (Brown) goes below 54.69. may reach 48.00, cash price - 25-60
If trigger line crosses over 54.12, may reach 65.50, cash Price may reach 55-90 with a gap up. If trigger line crosses over 46.43, may reach 36.61, Option Price may reach 20-35.
If trigger line crosses over 51.64, it may reach to 62.64, 40 to 60 Rs in cash. If trigger line crosses below 43.22, it may reach to 32.89, 26 to 35 Rs in cash.
If signal Line Crosses Over 52.82 may give you good return. If signal Line Crosses below 44.44 may give you good return.
Please follow live chart , and follow levels to trade.
Escorts is repeating its long term pattern on DTF. Consolidation and Breakout. It may move upward and showing good RR ratio. DISC: Only for educational purposes.
10 Years Channel Breakout On Monthly Charts Buy At Cmp 1322 Strict SL - 1077 (Weekly Or Monthly Closing Basis) Target - 2100/2200
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
Range Breakout or Breakdown, Help Yourself with any volume indicator which will help you navigate thru the breaks !
1794 levels on the charts bearish trend any break below the ascending triangle pattern will make it break below as shown on the charts
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.
Levels are given a good long/swing trading idea in escorts for a good targets Escorts is in range better to keep SL
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.
NSE:ESCORTS ESCORTs is ready for the upmove after double bottom on 15 minutes chart
ESCORTS has completed the corrective structure. If it gives an upward breakout, our targets will be 1576-1630-1706-1748. Price can make a new low if It breaks the 1422 level.