ESCORTS trade ideas
Downtrend and triangle breakoutEscorts has broken the downward trendline and also triangle pattern. It is retesting right now and is a perfect time to buy for a target of 1280.
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ESCORTS tried to break it's range of 1230 today but unsuccessfulNSE:ESCORTS tried to break it's range of 1230 this morning but profit booking immediately brought it down.
Escorts ready to fly high! They say history repeats itself and it would be unwise not to observe it getting repeated. Look at the pattern formed by the stock from 15th April, 2020- 6th May,2020 and then rest is history. Similar observation for 4th June,2021 - 30th june,2021. Will history repeat itself?
Escorts bullish The stock give a breakout in daily chart so we can expect some up move in up coming days
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Escorts Strong BreakoutEscorts TL breakout with a strong closing on the daily chart. Looks good for swing trade at CMP. SL below the Lower TL.
Nice Sell OpportunityReasons to sell-
1. Break of ascending channel.
2. Downtrend
3. Formation of Lower High
4. Fib Retracement
ESCORT REDAY FOR 1300ESCORT LIMITED CURRUNTLY TRADING AT 1220 IN CASH MARKET TODAY. THE STOCK HAS MINOR RESISTANCE AT 1230 AFTER BREAK 1230 ON CLOSING BASIS OR SUSTAIN ABOVE 1230 IN INTRA DAY THE STOCK IS READY FOR 1300
ENTRY POINT 1230 ABOVE BREAK OUT
TAKE SL 1200
TARGET 1260-1280-1300
TIME DURATION 7 TRADING SESSION AFTER BREAK OUT 1230
Escorts good long candidateEscort elliot wave study and price action study,, counter is on verge to complete its 4th corrective wave of impulse phase and giving breakout from symmetrical triangle pattern formaiton,,
Good long candidate
ESCORTS - Trendline, RectangleRectangle is forming on 4H Chart of ESCORTS. BUY 1235-40 -> 1260, 1285, 1300, 1315, 1340 SL/Support - 1200-1185, 1150, 1130. Consolidating in this since past 2 months. A Trendline Breakout extended from the Top. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
TRADE SETUP FOR EscortEscort stock is trading in the range for some time & ready for BO. stock can be taken between 1170-1180 for the Target price of 1285 with SL of 1150. Stock is testing resistance various time & expected BO for this time. RSI is also showing positive divergence. This is for your educational purpose only.
ESCORTS: Headed towards 1280 and then to 1350+Escorts has bounced off an important trendline support, and has broken through a short-term resistance. I will look for 1280 in the next few sessions. Also, I will keep an eye on dips before the next results day (last week of July?) for buying opportunities. In my opinion, the stock should go up significantly (upwards of 1350) after results.
Swing Opportunity in EscortsGo Long above 1189 for Targets of 1225.45 with SL 1152.55
Reasons to go Long :
1. If we draw Fibonacci Retracement from recent swing low (Point A) to recent swing high (Point B) on a 1 Day chart we see the stock took the support of 0.618 Fibonacci level.
2. Around 0.618 Fibonacci level, we can see that the stock is forming double bottom (W pattern) which is bullish.
3. Also there is a trendline that is providing strong support to the stock.
Escort - sell on riseSell from 1197 to 1200
easy target 1170
Disclaimer : This is my personal analysis for study purpose not intended for trading
Expecting Huge Breakout ✌✌This scrip is expecting Breakout as it is forming a beautiful pattern so traders keep on your radar to catch the momentum.
ESCORTS-LONGHi,
Escorts formed a bullish engulfing pattern.
We could see a strong momentum on upcoming sessions
History repeats itself or does it?Escorts has been a good stock for investing and the chart patterns are indicating a short drop July - October followed by a bull run for a year from November-November. Given the good monsoon till now (though by latest news it has halted before it reached the northern states) the price is likely to rally. It is a good time to slowly accumulate the stock. A dip until 1000 can be expected which would be good for bulk entry and would confirm the pattern. The share is trading at a price less than its intrinsic value so its a good buy.
Look at the past two bull run and we can reach our target either of the two ways.
Target 1900+
Risk-o-meter Mild
Stoploss 2% from your entry or average price
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Good Consolidation, long after trend line break.* DISCLAIMER: All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. Kindly consult your licensed financial advisor before making any and all investment decisions. I am not a SEBI registered financial advisor. By Viewing any material or using the information provided by me, you agree that this is general education material and you will not hold any person or entity responsible for loss or damages resulting from the content or general advice provided here.
