[POITIONAL] ESCORTS : Inverted Flag Beakout.Escorts is forming an inverted flag.
Long/Short as per the chart.
SL will be trailed accordingly in lower timeframes.
ESCORTS trade ideas
Bring the bulls in...NSE:ESCORTS had been in a range/channel since mid April 2021, taking supports over T1 and facing resistance against T2. Now, once again it may take support over T1 and may bring the bulls in.
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Escorts-1380 or 1465 possibleEscorts moving in a harmonic triangle pattern. Can move towards 1265,1380 and 1465. This might require patience but risk:reward is very good.
ESCORTS FOR 26 MAY 2021 i hope you guys enjoy all my ideas and i hope you all learn and earn money form it
note : when you buy or short any of the script so please consult to your financial advisor and
all the levels are on the charts dont jump the levels so plz if you want to enter at our price so enter only at our levels
#Escorts Great Investment Escorts appears to be a sensible purchase as a larger wave 1 & 2 has completed, indicating that there will be a substantial rally in the uptrend, leading to a goal of 2415.55 if it breaks all of the targets listed below.
The targets for a strong positional investment during the next 200 days are shown below.
1st Target - 1486.20
2nd Target - 2054.70
ESCORT BULLISH TRENDEscort mentioned on 20th may at 1163. Reachable level 1200 1230. Today it made high 1192 . Support at 1145. Keep an eye on this scrip..
Escorts - Start accumulating it will touch 1280 soon - Short terEscorts - Start accumulating it will touch 1280 soon - Short term
Its good for mid term also for the target- 1550
ESCORTS AT VERY IMPORTANT LEVELOne can intitate Buy position in HEROMOTOCORP with target of 1175/1200/1250
ESCORTS SHORT TERM VIEWEscort has given a good q results. Now forms a good support at 1130 level. Good to add for coming days. 1200, 1230 range..
ESCORTS TRADE SET UP HELLO FRIENDS,
HERE IS HARMONIC TRADE SET UP FOR ESCORTS THERE IS A BUTTERFLY PATTERN IN ESCORTS DAILY CHART YOU CAN BUY ESCORTS ABOVE 1135 TO 1160 WITH SL OF 1084 FOR THE TARGET OF 1440 IN COMING DAYS ...
HAPPY TRADING.
Stock Analysis of Escorts LimitedPrice - 1176.20 Dt. - 19.05.2021
Since Feb 2nd week the stock is in the bearish zone and lost 300 points in this time period. From 3rd May stock reversed the trend resumed the up move. The stock was near the overbought zone. Further with good monsoon expectation and declining covid-19 cases are another reason for Escorts Limited to move upward. Stock is facing strong resistance at 1185 levels but with ascending triangle formation we are expecting the stock to break the level.
Stock is slightly above 21 DEMA.
START OF NEW NEO IMPULSE.GET LONG ABOVE 1183COMPANY POSTED GOOD QUARTERLY RESULTS
IF PRICE BREAKS OUT IN TODAYS TRADING SESSION ABOVE 1183 THAN IT CONFIRM HIGHER HIGH AND HIGHER LOW PATTERN.
SUGGESTING END OF AN CORRECTION AND START OF NEW IMPULSE.
BREAKOUT IS ALSO ACCOMPANIED BY MACD REVERSAL
EXTREMELY FAVORABLE RISK-REWARD RATIO FROM CURRENT PRICE.
LONG ABOVE 1183
STOP LOSS OF 1140 ON CLOSING BASIS
TARGET 1280-1300.
TIME FRAME-1 MONTH.
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
chance of consolidation breakout from support areachance of consolidation breakout from support area
ShortCover#Escorts is a perfect short covering candidate above 1183. It has made 3 back to back #StoppingVolume and #BagHolding candles with strong price rejection at lower levels. Volumes are significantly higher in last 3 sessions. Once it trades above 1283 and sustain it can move towards 1220/1269/1355. Results was quite good. A perfect long candidate.
