ESCORTS trade ideas
ESCORTS - LONGEscort is Currently in UT moving in a wedge just below major weekly resistance.
On Breakout from the Wedge, and the Resistance, can Go Long with 790 as the Target.
SL 745
BUY ESCORTSESCORTS LOOK GOOD TO BUY HERE JUST WAIT FOR MONDAY OPEN IF OPEN>=PREVIOUS CLOSE THEN GO LONG ELSE WAIT. LOOK GOOD RISK REWARD SETUP
ESCORTS KEY LEVELS SUPPORT AND RESISTANCE 20/04/2020Key Levels for ESCORTS :
UPPER BREAKOUT~753.60
FIRST TARGET~762.35
INTERIM RESISTANCE~776.95
FINAL RESISTANCE~790.45
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LOWER BREAKOUT~737.80
FIRST TARGET~726.60
INTERIM SUPPORT~714.50
FINAL SUPPORT~701.60
Please trade with caution and consult your financial adviser before trading.
ESCORTS, Learn & Earn (resistance zone breakout)ESCORTS if crosses 703 level can move up as this highlighted section is resistance zone. Next blocker around 725 followed by 765.
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Escorts can give a good upmoveEscorts broke two hourly trenlines shown by green. We can also see it giving a breakout after forming ascending triangle.
It can give a good upmove.The resistance of 700 is near.Chances are it will breach that resistance can will continue its move upward.
Rectangle - Target1
SkyBlueLine - target 2
BlueLIne - resistance at 700
Yellow Line - Hourly Support
ESCORTS ANALYSIS FOR 13-04-2020If the market stays positive, take a long position on the basis of the arrows marked in the chart.
Happy Trading!
Escorts - Not the right time for going LongThere are high probability that it will slide down to 540-525 levels..
Better to wait, dont initiate long..
