ESCORTS trade ideas
ESCORTS LOOK OUT FOR THESE LEVELS!!! - UPDATEDALL THE LEVELS ARE MARKED ON CHART;
STOCK MIGHT FACE RESISTANCE NEAR 1220 PRICE FROM DAILY 20 EMA AND FIB LEVEL. SELL NEAR IT IF REVERSAL CANDLES ARE FORMED NEARBY IF FORMED NEARBY THE RED ZONE
BUY NEAR 1165-1175 LEVEL
The indicator used:
1) Daily Lines plots Daily 20 EMA on lower time frame charts
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The analysis is my POV, hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!
ESCORTS LOOK OUT FOR THESE LEVELS!!! ALL THE LEVELS ARE MARKED ON CHART;
SELL NEAR THE RED ZONE IF REVERSAL CANDLES ARE FORMED ON THE ZONE/ NEAR BY THE ZONE
The indicator used:
1) Daily Lines plots Daily 20 EMA on lower time frame charts
If you like the analysis, do leave a like and follow for more such content coming up.
The analysis is my POV, hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!
Escorts short (Weekly)I hope you can now see how Escorts represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Thank You
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
IB ON WEEKLY IB ON DAILY IB ON HOURLYIn Every TF make IB on IB so teading move possible on eather side.
ESCORTS Breaking trend line support and is a short candidate till 965 if it breaks 1103, immediate support.
Not a SEBI Authorized Advisor. Views are for personal trading purpose.
ESCORTS ANALYSIS 19.10.2020IN MONTHLY TIME FRAME IT HAS CLOSE ABOVE 1022.NOW IT IS IN CONSOLIDATION MODE SO IT WILL COME AT PREVIOUS RESISTANCE LINE NOW IT WILL ACT HAS SUPPORT LINE .
BUY 1080 TO 1104
TARGET 1496
WAIT UP TO COME THIS LEVELS . FOR BETTER CONFORMATION.
Trading Opportunity in ESCORTSI recommend not to short, rather buy on dips on support levels and go long on breakout.
Escorts is fundamentally strong, and reported good sales records.
Evening Star pattern in Escorts.Escorts like any other auto stock is on a strong uptrend. But now it shows signs of possible pullback. Reasons:
1) Upper line of the channel.
2) Evening star candlestick pattern.
3) New high not accompanied by high volumes.
TGT: 1200 SL: 1312 (High of the red candle)
ESCORTSKeep an eye on this one, if it goes below 1210, it ll show 1200 and eventually 1180 on downside.
On the upside 1265 and 1278 is where it will be capped for move.
Escorts on TE REKAB indicator !!Escorts gave Rs. 27/- by using TE REKAB indicator. Perfectly worked on 15 mins chart !! #TradingEdgeAcademy
