ESCORTS trade ideas
ESCORTS took perfect support around 1125 levels todayNSE:ESCORTS is respecting the support level of 1125. It bounced back from there only.
ESCORTS had been consolidating for some timeNSE:ESCORTS is about to enter oversold zone. A fresh buying can be seen from 1130 levels.
Sell EscortSell Escort below 1155 Target 1125-1115-1100 SL 1170 . Stock forming bearish divergences. Support area broken. Expected to touch the support area soon. This is for your educational purpose only.
ESCORTS_KEEP YOUR EYE ON THISESCORT is continuously holding the highlighted level. It can give a big move.
(for educational purpose only)
Escorts - Huge ConsolidataionKeep an Eye on Escorts, Huge Consolidataion is going on for quite some time and stock is stuck in narrow range, it can break anytime before the 1st Quarter result. Keep ready for 50 to 100 rupees move.
Potential upside 14% move in EscortHey folks!
I found out this beautiful trendline in escort. If it break out with good volume I am going bullish on this company with stop loss of 5% and target of 14%.
Company is financially strong from my point of view.
Thanks for viewing my idea..
#ESCORTS #BOXPATTERN#Escorts currently in accumulation zone and in box pattern. gave a rejection at box bottom. Expecting a breakout. 30mins candle close above 12204, buy for a tgt of 1209/1215.
upon box breakout, as a conservative enter trade on retest of trendline/support at 1210. for a target of 1224 / 1238.
Escorts LtdStock getting accumulated very nicely at current level for last 1 month.
Buy around 1150 to 1165, keeping strict SL of 1100 on closing basis. Keep an close watch on second trend line how it behaves and based on that revise your target.
1st Target- 1245
2nd Target- 1280
3rd Target- 1350
If it closes below 1077 on any day, head and shoulder breakout activates and it can fall till 700-750.
Escorts forming Bearish Flag PatternEscorts looks to be forming a Bearish Flag Pattern. Wait for breaking the trend line
Escort Positional Target by Eminence StocksEscort Positional Target by Eminence Stocks
CMP 1202.95
TGT 1 - 1350
TGT 2 - 1450
Escorts Ltd - Triangle Breakout - LongHi Guys,
Please find the detailed analysis of my view in Escorts Ltd
Time Frame of Chart - Daily
Current Trend: Bearish
Trend Reversal Pattern found in Candle Stick: No
Volume Support the Reversal based on Candle Stick : NA
Whether EMA50 Cross EMA200? Cross
ATR Volatility? Down
Chart Pattern: Triangle
Build Up happened before /after the breakout of the Chart Pattern? No
Breakout Happened? Yes
Breakout Happened with god volume in Chart Pattern? Yes
Post Breakout Next Candle in-line with breakout candle? No
Retest Happened? Yes
CPR? - Bullish Bias
Previous Virgin CPR is there? NO
Whether Breakout happened near the CPR? Yes
Support: 1115
Resistance: 1221.50 & 1316.70
Trading:
Buy : Above 1208
SL - 1149.45 ( Closes Above Daily in TF)
Target - 1327.60
Risk: 59.40
Reward: 118.75
Ratio: 1:2
Regards,
Thenali Views.
Disclaimer: Kindly do your own analysis before executing the trade or contact
your financial advisor.
