If a stock make a base for long term and cross Rolling VWAP, it should give a good spurt... This is the hypothesis.. User should identify the levels accordingly...
ESCORTS looking Good buy for 50% ROI in next 1 year. Happy Investing.
Reason for short a) Global market negative b) Good risk reward zone c) Consolidation breakout d) Monthly breakout e) SL compulsory
ESCORTS:EMA Cross over in short term and medium term chart indicates a possibility to test 3000+(For educational purpose only)
sell from cmp to 2990 sl close above 3000 easy tg - 2910 Not suggested Disclaimer : This is my personal analysis for study purpose not intended for trading.
We being Made forecast in 2019 about an turn around or an Forecast for Reverse We started at 470 and today we are standing with 8 Fold in profits on Investments One can Learn from this Post is Long term investments tend to yield more strong results then the short term speculations I am attaching my 2019 Public post as reference Good luck
carefully watch escort at resistance level on daily weekly ..if cross and closed sustain may go to old pattern target and then may see more.. failing it may try to create first inverse h&S pattern for upmove.. decide on ur own
Stock is at best Demand Zone. At this level it has got good Risk reward. Good for Swing set up. Target and SL in Charts. Safe traders Look for PriceAction.
ESCORTS FORMING AB=CD PATTERN ON DAILY TIME FRAME CAN LOOK FOR 1456,1542 & 1605 PATTERN ONLY INVALID BELOW 1289 CLOSING ON DAILY BASIS. DISCLAIMER: ONLY FOR EDUCATIONAL & LEARNING PURPOSE FOLLOW US ON FB: RANKING TRADES TECHNICAL+
Trigger line above - 59.10, will reach 66.42, Cash price -34-56 Rs Trigger Line below - 54.60 will reach 45.74, Cash Price - 35-78 Rs.
if trigger line (Brown) goes above 60.81. may reach 67.35, cash price - 30-80 if trigger line (Brown) goes below 54.69. may reach 48.00, cash price - 25-60
Reason for long a) Consolidation breakout b) weekly breakout c) QQE support d) super vwap breakout e) volume spurt g) SL compulsory
Escorts Cmp 3076 dated 3-11-2023 1. Rectangle Consolidation, taken support @ lower end & at support. 2. 10% correction from top. 3. Hammer kind Candle Buy above 3100 target 3150-3190-3240-3280-3340 SL 3010 It is just a view, please trade at your own risk.
If trigger line crosses over 54.12, may reach 65.50, cash Price may reach 55-90 with a gap up. If trigger line crosses over 46.43, may reach 36.61, Option Price may reach 20-35.
If trigger line crosses over 51.64, it may reach to 62.64, 40 to 60 Rs in cash. If trigger line crosses below 43.22, it may reach to 32.89, 26 to 35 Rs in cash.
If signal Line Crosses Over 52.82 may give you good return. If signal Line Crosses below 44.44 may give you good return.
Please follow live chart , and follow levels to trade.
Escorts is also forming Diversion on RSI, And it is ready to retest, if it forms long wick at retest then we should take entry for very deep target