ESCORTS trade ideas
Escorts Share Bullish BreakoutEntry CMP: 1210-1240. Target 1: 1316, T2: 1385, T3: 1469. STOPLOSS: 1166. Volumes looking Good, Opening and Closing in intraday chart looks solid, amazing entry and upside expected.
ESCORTSDaily
Price Action - Triangle Breakout from Bottom
RSI > 60 Bullish
MACD - Buy Signal
Bolinger Upper Band - Broken which indicate momentum
ADX needs to increase to pick more momentum
Weekly:-
MACD needs to turn Buy signal
Futures data:-
Long Buildup on breakout
false break down!...(bullish)respecting support and resistance very well...
it has formed double bottom and double top in past and the targets have been achieved and then it gave a break down and couldn't sustain, and those who took short positions have triggered there sl....
so with all these reasons we can take a long trade...
do follow for more updates!....
ESCORTS positional Again !!!ESCORTS : cmp: 1216.05
A sloping trenline BO done near1185--1190 zone.
TGT 1242/1266/1298
SL 1185 clbs
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
Range breakout in EscortsEscorts was in a range between 1100-1200 for a few weeks and it has broken this range today. Can be bought at this price or at 1200-1210 around(if retested).
Target will be 1300 minimum.
A good fundamental stock to buy and now a right time also.
Please like and follow!
Happy Trading :)
PS- I always believe in trading in stock with good to medium fundamentals(can also be seen from my history of suggested stocks). The success mantra for trading is to mix fundamental and technical analysis to protect capital.
Escorts Cmp 1216 dated 3.6.2021Escorts Cmp 1216 dated 3.6.2021
1. Ascending triangle breakout @ 1200
Buy for a tgt of 1300 SL 1175
It is just a view, pls trade at your own risk.
ESCORTS - Triangle Breakout ( June Series)Escorts broke the Triangle and stuck in a small range of 100 points.
Short terms traders and scalpers can use this small range as support and resistance levels with strict SL.
Positional players can buy near the strong support zone and wait for the Range breakout above 1120. Or enter above 1120 for 60 points minimum target.
As Indian market is bullish, its better to Buy, as long as the price stays above the strong support zone.
Execute short below 1080 for a free fall of 100 points minimum.
Please share your valuable feedback.
Disclaimer: Kindly do your own analysis or consult your advisor before taking any trade. This view is for educational purposes only.
#Escorts cash : Dont miss it... Positional investment call#Escorts cash -Positional call -Dont miss it
03.June 2021
Looks good above 1220.10
and more around 1200
(Safer around 1200 for investment)
Target 1290-1300/1380/1500
Cmp 1216
Escorts breaking out of the resistance zone 1190 and 1200 levelsClear breakout given by Escorts out of resistance zone of 1190 and 1200 levels. Can go long with SL @ 1130 closing basis.
ESCORTS double bottomESCORTS breaking out from double bottom
Targets Zones: 1260-1315-1380
Stop Loss Zone: 1194
Disclaimer: This is just my personal view. Please do your own research before trading.
Escorts Daily ChartEscorts Daily chart has a Range BO but long view on closing above the immediate Trendline.
ESCORTS - BREAKOUTESCORTS has given a breakout with very good volume.
We can accumulate now and also as it gives a retest.
ESCORTS BULLISH POSITIONAL TRADEONE CAN GO LONG IF IT MANAGES TO CLOSE ABOVE 1210.
WITH SL 1160 TODAYS SWING LOW.
MONSOON-ORIENTED STOCK.
DELIVERY DATA POSITIVE.
A SIMILAR HARMONIC PATTERN FORMED LAST YEAR IN JUNE.
STK FUT HEAVY LONG BUILDUP.
MAX OI 1200CE, ONCE IT MANAGES TO SUSTAIN AT THIS LEVEL EXPECTING SHORT-COVERING RALLY.
Escorts: Breakout possible if it sustains above 1200Imp to check sustainability of the breakout before entering a trade. Right now volume action also looking good
escorts long idealong when candle closes above trend line target 1222
good luck
please like the idea and support
thanks
