ESCORTS is getting resistance at 1380 levelsNSE:ESCORTS is getting resistance at 1380 levels. It might touch 1400 in a momentum run but to break this a good strong candle would be required.
ESCORTS trade ideas
Buy Escorts - Tgt 1350++ESCORTS coming down from resistance. Took support of 20 DEMA, closing above 20-50-200 DEMA. Should give breakout. Tgt 1350+ (can buy CE)
POSITIONAL #KASH_STOCKESCORTS. Breakout of Ascending channel pattern. Positional we can go long for target 1360 & 1430. Keep SL near 1280 of upper trendline of the ascending channel.
Escorts good long candidateEscorts spot cmp 1225
Time Frame :- Daily
Study :- Elliot wave
good formation seen in this counter,, on verge to give breakout,, confirmation of price action move is pending,, once breakout confirm,, counter would move on to complete its impulse phase,,
Good bullish candidate
Escort Breakout ....Check it out on charts .....bullish charts ................................................................
Escorts break outBased on the below analysis seems to be upmove
Camarila R4 breakout
Channel breakout
Moving average above 20 50 100
Volume up
ESCORTS can show 1360 levels soonNSE:ESCORTS had been showing good momentum for the last few days. It can show 1360 levels soon. It has shown a great rally in just a month of time.
Range Breakout - EscortsBuy Escorts
Cmp - 1263.75
Add More - 1225-1235
SL - 1185 (Day Closing Basis)
Target - 1375/1400
ESCORTS has been showing great move today with volumesNSE:ESCORTS is showing great move today. The momentum can continue for sometime.
[POSITIONAL] ESCORTS LONG BET risk: Reward ratio is 1: 2
Rest as per Charts
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Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
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I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
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Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
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ESCORTS has still strengthNSE:ESCORTS is showing some consolidation today. If it closes above 1265 then we can see 1300 levels soon. Golden crossover is also seen.
Probable Reversal of Intermediate Trend of ESCORTS(NSE)NSE:ESCORTS
The specifics are mentioned in the chart itself.
Price of Escorts has been in a Sideways Pattern(Broadening Formation) since May.
Since June, it has entered into a Head and Shoulders Bottom.
On Aug 10, the H&S Bottom pattern was broken and was tested multiple times for the next 2 days(clearly visible in 1H timeframe chart).
This validates the theory that there is high probability for the price to exit consolidation and begin an Uptrend.
ESCORTS can consolidate for a day or twoNSE:ESCORTS showed some profit booking in the morning but buying started in the later half. It may consolidate for a day or two. Signs of weakness are not visible yet.
escorts deep crab longlong for target of 1302 maintain stop loss of 1233 and candle must not close below this
ESCORTS - No Stop loss Low Risk PickPure price action analysis. With the low risk setup that I see here , I don't think I would need a stop loss.
1,2,3 Pattern on display is the beginning of every great move and when it falls within a pattern of a triangle breakout and retest as well as an inverted Head and Shoulder pattern + a reversal at RSI bottom what else do I need.
Holding with Patience. Don't ask for time frame. Ride the setup and enjoy the journey (slow/fast) to its destination.
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Kindly express any disagreement & improvements so that we learn & earn together.
Open to discussing different view points.
Always keep a stop loss to rescue you out of troubles if not sure and trail the stop loss as the price rises.
EscortsEscorts gave range breakout. Low risk in this trade can enter at current market price. Levels mentioned on chart
