EscortsEscorts - Cmp 1216.50
Breakout and re test candidate. Looks good to go long at cmp with 1185 stop loss on closing basis. Possible targets 1265/1315/1385.
ESCORTS trade ideas
Monsoon stock- Escorts !!! Good entry above red trend line breakBullish for this stock as monsson is good this year.....
Good entry above red trend line break
Only for learning purpose
Thanks!
ESCORTS BO-Retest-ContinuationESCORTS has seen multiple Support/Resistance cycles at 1180 zone where we saw this zone turning from support to resistance and to support once again. The stock broke out of this zone last week and has done a successful retest followed by a continuation of the price action. RSI is also in the bullish territory which is a good sign. We are bullish on the stock for 1320/1450 Fibonacci zones as targets.
Buy EscortsBuy Escorts near 1200 Stoploss 1160 Target 1250 and above
study: Breakout and Retest Structure
sell escortsit has given confirmation of double top below 1192 in 2hr chart. one can see in range between 1177-1190. we may see 1125 odd levels. view negated abv 1205
Bear Flag Formation (wait for confirmation) T1: 1080 T2: 930Bear Flag Formation (wait for confirmation) T1: 1080 T2: 930
Might be a slow move.
Stock trading below 200 Day MA.
END OF LONG CORRECTION IN 'ESCORTS'Escorts ended its major correction and made a bottom at 1100. Then it consolidated between 1100 to 1185 and then it broke 1185. Now it is coming for a retest to 1185 level. As per my analysis, buy zone is between 1185 to 1235, SL at 1150 if buy at 1185 & SL at 1180 if buy at 1235. 1st Target should be 1450 (>22%). Yes it's a positional trade. So it will require some time.
ESCORTS VIEW AND LEVELSNSE:ESCORTS
Downtrendline break in daily chart.
When it hit the down trendline there was series of red candles in 1hr chart but the volume was diminishing on successive candles.
11th june candle opens with gap up and closed by breaking downtrendline(shows good buying momentum).
on 1hr chart it is retest after the trendline breakout and on 15min chart it has formed HH Hl after taking support after trendline support.
I am watching this stock for coming days.
Entry 5min close above 1225
SL 1208(positional)
1214(intraday tomorrow)
Safe players can enter above 1234 where I expect huge momentum to the upside is possible.
ESCORTS | POSITIONAL/SWING| CUP & HANDLE PATTERNESCORTS after consolidating in a tight range for 28 days , finally gave a breakout reaching 1216 and then had a healthy retracement to 1192 and ready to show a good uptrend. You can consider this for Positional Trades/ Swing Trades. Also a good stock to hold on for long term.
CUP & HANDLE PATTERN
Timeframe: 1hour
Keynote: Stock reversed and now in an uptrend post retracement.
Stoploss (SL): 1180
Perfect for Swing Trade; ESCORTS!Positional Trade
1 DAY chart analysis of ESCORTS...Seems a big move is on its way
-Mohit Rajani
