ESCORTS trade ideas
INTRADAY TRADE IN ESCORTS FUTURESINTRADAY TRADE IN ESCORTS FUTURES
SHORT@967
STOP@975
TARGET-1@957
TARGET-2@952
!!please note trade with caution!!
!!manage your risk!!
!!trade-wise!!
ESCORTTake trade based on your analysis
Buy/Short just above/below the marked line.
Typically for intraday start trailing your stop loss from 0.5% towards target
Stoploss is based on your capacity
I usually hedge towards the stoploss direction
if price opens between the target and entry line, I usually dont trade that scrip.
EscortsBased on the highest IO which is at 900 CE, this seems to be a safer bet.
Also Escorts looks to be bullish this week.
ESCORTS AnalysisDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
ESCORTS Looks good for LongEscorts had been rallied past few sessions and saw some consolidation at the top, with reference to the last 30 mins candle, there occurs a volume breakout in the last 30 Mins candle and resists the daily support range of CPR. So there are high chances for BUY.
Enter BUY above Rs.970 with SL of Rs.960
Enter SELL below Rs.960 with SL of Rs. 970
ESCORTS CASH : GOOD TO SELL BELOW 960 LEVELSESCORTS CASH
04.06.2020
GOOD SELL BELOW 960
STOPLOSS 975
TGT 936/916
CMP 977
ESCORTS.. resistance hitESCORTS nnon stop move hit reistance and also formed a bearish daily bar, any upmove to 920 can be shorted with SL above 920
for targets of 835
can correct without rebound also
short ESCORTS at 1000levlesi think history repeats again,
volume is also decreasing week by week.
sell at 1000-15levels, if inverted hammer
or long wick or some other bearish candle
formed.
* this view is not for intraday.
