ESCORTS trade ideas
BUY ESCORT 6} ESCORT 984
RESISTANCE : 994 1003 1024
SUPPORT : 976 968 956
BUYING RANGE 956 915 SL 880
NOTE : 915 895 is the main support after that trend will be change . So watch 915 895 as a main support. 1024 is the main resistance . Support and Resistance on closing bases
Multibagger Longterm Portfolio share. This analysis is for longterm as i have choose monthly timeframe.
Reverse Head & Shoulder pattern is forming in monthly timeframe an many more indicator suggesting bullishness.
One could really consider this one for longterm investment.
****Disclaimer****
Trade with risk management but don't get afraid of taking risks because at the end winner is who takes calculated risks.
Intraday Escorts 992 to 980 Intraday sell callToday i have posted sell call and all targets have been achieved.
Escorts Sell 992
SL 1000
Target 980
ESCORTS LONGescorts is near it's all-time high and if it breaks that resistance which I think will break because if you look on a daily timeframe it shows consolidation near the resistance area which is a symptom of a breakout.
CMP 989
SL 895 ( BELOW SWING LOW ON DAILY TIMEFRAME)
TARGET 1576.
ESCORTS KEY LEVELS SUPPORT AND RESISTANCE 18/06/2020 THURSDAYKey Levels for ESCORTS : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~1003.15
FIRST TARGET~1008.15
INTERIM RESISTANCE~10013.95
FINAL RESISTANCE~1019.75
******************************
LOWER BREAKOUT~989
FIRST TARGET~983.20
INTERIM SUPPORT~976.15
FINAL SUPPORT~969.90
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
ESCORTS Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
ESCORTS - Breakout and PullbackNote: This is for educational purpose only.
Escorts seems to have broken the resistance. Resistance turned into support. "Bullish engulfing" candlestick pattern formed after 1st pullback to resistance turned support line. This is an indicator of start of a fresh trend. If the price of next candle closes above high of current candle. This will be a confirmation of start of uptrend.
Escorts Ltd. - High possibility to breakdown!!Escorts Ltd.
Escorts Limited (ESCORTS) is showing negativity ahead of 100EMA : 922 in the hourly time frame.
RSI is in Downtrend.
***TRADINGEDGE TIME-TREND INDICATOR IS BEARISH***
A breakdown below 920 may further extend the weakness to the lower side. The next support is 200DAY EMA.
KEEP AN EYE!!
#tradingedge_academy #SMTA_institute
LONG ESCORTSLONG NSE:ESCORTS at 940
SL 930
TARGETS 950/960/980
Good Rally-Base-Rally demand zone on left on the chart.
ESCORTS CASH : LOOKS GOOD SELL BELOW 945ESCORTS CASH
08.06.2020
GOOD SUPPORT 950
SELL BELOW 945 AND RISE AT 950-952
STOPLOSS 965
TGT 916
CMP 956
Escorts Ltd. breaches TrendlineEscorts Ltd. has been in an uptrend since March lows, backed by enthusiastic buying by the Mutual Funds. However, in today's session (June 9 2020, post lunch), Escorts Ltd. has breached its Trendline and further finds resistance at levels around Rs. 954/-.
Note: For Educational Purposes. Fellow enthusiasts are welcome to share their views.
ESCORTSOne can Enter long from 974-977 and expect a upward breakout above 980.
Keep Strict SL at 970-972.
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