ESCORTS trade ideas
#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.
EscortsNSE:ESCORTS has been making HHHL ( Higher Highs & Higher Lows ) while trading in a rising channel/range ( T1 & T2 ). At the current moment, it looks like the price is taking support at T1 and may invite the bull gang to lift up the price once again.
One may initiate a long position if price cross above 1180.
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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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Happy Trading :)
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
Disclaimer: Please consult your financial advisor,
Investment/Trading in the securities market is subject to market risk, We are not responsible for your profit or loss
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.
